Mr. Speaker, Calgary is a dynamic city. It is a resilient city. Analysts know that the advances Canada has led in oil and gas revolve around the development of technology. Despite a tumultuous six years, Calgary's technology industry continues to prosper and is doubling down on growth and opportunities.
Venture capital investment in Alberta tech opportunities has experienced phenomenal growth. In 2020, $455 million was invested in Alberta tech companies, eclipsing all previous records. Infosys has announced plans to create 500 jobs, and mCloud is moving its head office here. Extreme Telematics Corp., Nobal Technology, StellarAlgo and Carbonova present outstanding technology opportunities. I could go on at length.
These new companies build on a business culture that embraces challenges and rewards success. Let me thank all our great tech entrepreneurs who are building our innovative business culture in Alberta.