News Summary

Imperial Oil has made a historic donation to the Southern Alberta Institute of Technology (SAIT) by gifting a $37-million research lab, marking the largest corporate gift ever to a post-secondary institution in Alberta. The new 40,000 square foot Imperial Energy Innovation Centre will enhance SAIT’s role in energy research, fostering innovation and collaboration between industry professionals and researchers. This initiative aims to advance applied research in the energy sector, connect students with experts, and widen collaboration opportunities. The donation reflects Calgary’s growing status as a Canadian technology hub, following recent investments such as the $60 million Opportunity Calgary Investment Fund and Alberta’s $55 million pledge for a science and technology hub at the University of Calgary.