That’s where the OpportunityCalgaryInvestment Fund (OCIF) comes in—to be Calgary’s purpose-built tool for economic development. OCIF was created by the City of Calgary in 2018 to help build a more diverse and resilient economy. Calgary real estate growth. Calgary’s economy is booming, thanks to its growing industries beyond oil and gas. Now, it’s a hotspot for tech and renewable energy, drawing in businesses and investors3. Calgary’s proximity to fertile farmlands presents opportunities for investment in sustainable agriculture. As the demand for organic and locally sourced food continues to rise, investing in organic farms, urban agriculture projects, or farm-to-table businesses can yield promising returns. The OpportunityCalgaryInvestment Fund (OCIF) is committed to finding, fuelling and fostering opportunities with unparalleled potential to bring prosperity to all Calgarians. Keys to Investing in Property in Calgary 1. It’s tough to flip a unique property. It’s true that buying that one house with the widow’s walk or the turquoise paint will guarantee that you get a conversation piece. Commercial investment in Calgary offers long-term income, extended lease structures, and portfolio diversification. Explore property types, financing, and investor strategies. West LRT construction.Calgary Economic Development is responsible for managing the program intake. Amazon Web Services (AWS), the company's cloud division, plans to invest $4.3 billion through 2037 to open a second Canadian cloud computing server hub intheCalgary area that will serve its growing number of customers in Western Canada.