T&L OCIF Investment

About OCIF

The Opportunity Calgary Investment Fund was created by the City of Calgary in 2018 with a mandate to accelerate diversification and strengthen our economy. In 2025, City Council invested an additional $60 million in the fund, reinforcing OCIF's role as a key tool for growing Calgary's economy.

Above: OCIF, in partnership with the Government of Alberta, is investing up to $4.15 million to establish the Alberta Logistics Centre of Excellence—strengthening Calgary's transportation and logistics sector. Read more

HOW OCIF WORKS

WE FIND, FUEL AND FOSTER THE FUTURE

We’re shaping Calgary’s economic future by finding opportunities with the greatest potential benefit to the city, fuelling those opportunities with capital and fostering their success by integrating each investment into a network of resources and people.

WE’RE NOT LEAVING CALGARY'S ECONOMY TO CHANCE

As Calgary grows toward two million people, OCIF’s strategic investments are helping ensure our economy is inclusive, resilient and future-ready.

calgary city landscape calgary city landscape

OCIF’S STRATEGY

OUR INVESTMENT APPROACH

Our investments align with priorities in Calgary’s economic action plan – Uplook. This community-owned and created strategy is made of five connected focus areas that work to create a better economic future for all in our city.

OCIF also plays a key role in implementing Calgary’s Innovation Strategy, which is our city’s roadmap to become the innovation capital of Canada. We leverage these frameworks to make targeted investments that advance Calgary's key sectors, workforce and innovation ecosystem. 

ocif life sciences innovation hub investment lab ocif life sciences innovation hub investment lab

SECTORS OF FOCUS

OCIF focuses its investments on right-to-win sectors where Calgary has a competitive advantage and strong potential for growth:

  • Agribusiness
  • Aerospace
  • Digital and creative industries
  • Defence and dual-use technologies
  • Energy and environment
  • Health and life sciences
  • Technology
  • Transportation and logistics
BROWSE OUR PORTFOLIO

Above: OCIF’s $8.5 million investment in the Life Sciences Innovation Hub has attracted private investment, supported hundreds of companies and created jobs in Calgary’s life sciences sector. Read more

Leadership

BOARD OF DIRECTORS

OCIF’s final funding decisions are made by a 14‑member volunteer board of directors, comprised of local business leaders and two Calgary City Council representatives. OCIF staff support this work by finding opportunities, evaluating project applications and recommending investments.

dan balaban ocif board chair executive chair ceo greengate

Dan Balaban

OCIF Board Chair | Executive Chair and CEO, Greengate

lisa oldridge

Lisa Oldridge

OCIF Board Vice Chair | Corporate Director | CFO, SenseNet Inc.

navin arora executive vp telus president telus business solutions

Navin Arora

Executive VP, TELUS; President, TELUS Business Solutions, Health, Agriculture & Consumer Goods and TELUS Partner Solutions

guillaume bedard president ghb ventures

Guillaume Bédard

Chair, External Advisory Committee, The Hunter Hub (U of C) | President & CEO, GHB Ventures | Senior Advisor – BDC Defence | Corporate Director​

mayor jeromy farkas city of calgary

Jeromy Farkas

Mayor, City of Calgary

Christine Gillies Blackline Safety

Christine Gillies

Chief Product & Marketing Officer,​ Blackline Safety

sebastien gittens

Sebastien Gittens

Partner, Bennett Jones LLP

geri grenall chief operations officer cascade trainf ltd

Geri Greenall

Chief Operations Officer, Cascade Trading Ltd.

DERRICK HUNTER Firefly Upscaler 2x scale

Derrick Hunter

President & CEO, Bluesky Equities Ltd.

marcos lopez corporate director

Marcos Lopez

Corporate Director | CEO, CreditApp

john pantazopoulos ward 6 calgary city councillor

John Pantazopoulos

Ward 6 Calgary City Councillor

brad parry ceo opportunity calgary investment fund

Brad Parry

CEO, Opportunity Calgary Investment Fund

colleen pund co founder ceo proxure

Colleen Pound

Co-Founder & CEO, Proxure

brad zumwalt ceo zinc ventures

Brad Zumwalt

CEO, Zinc Ventures

Our Team

Meet the OCIF team focused on finding and fostering opportunities for Calgary.

angie petretta

Angie Petretta

Senior Director

crystal phillips

Crystal Phillips

Senior Director

jack williams

Jack Williams

Senior Portfolio Investment Manager