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.
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.
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
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 and CEO, Greengate
Lisa Oldridge
OCIF Board Vice Chair | Corporate Director | CFO, SenseNet Inc.
Navin Arora
Executive VP, TELUS; President, TELUS Business Solutions, Health, Agriculture & Consumer Goods and TELUS Partner Solutions
Guillaume Bédard
Chair, External Advisory Committee, The Hunter Hub (U of C) | President & CEO, GHB Ventures | Senior Advisor – BDC Defence | Corporate Director
Jeromy Farkas
Mayor, City of Calgary
Christine Gillies
Chief Product & Marketing Officer, Blackline Safety
Sebastien Gittens
Partner, Bennett Jones LLP
Geri Greenall
Chief Operations Officer, Cascade Trading Ltd.
Derrick Hunter
President & CEO, Bluesky Equities Ltd.
Marcos Lopez
Corporate Director | CEO, CreditApp
John Pantazopoulos
Ward 6 Calgary City Councillor
Brad Parry
CEO, Opportunity Calgary Investment Fund
Colleen Pound
Co-Founder & CEO, Proxure
Brad Zumwalt
CEO, Zinc Ventures
Our Team
Meet the OCIF team focused on finding and fostering opportunities for Calgary.
Angie Petretta
Senior Director
Crystal Phillips
Senior Director
Jack Williams
Senior Portfolio Investment Manager