Job prospects Business Development Officer in the Calgary Region

Over the past few years (2022-2024), the labour market was balanced for Business development officers and market researchers and analysts in the Calgary Region. The number of job openings was about the same as the number of workers available in this occupation.

Source Labour Market Information | Recent Trends Methodology

The employment outlook will be Limited for business development officers and market researchers and analysts (NOC 41402) in the Calgary region for the 2025-2027 period.

The following factors contributed to this outlook:

• Employment growth will lead to a few new positions.
• A moderate number of positions will become available due to retirements.
• There are a moderate number of unemployed workers with recent experience in this occupation.

• Demand for this occupation is driven by government spending and economic conditions.
• Many opportunities for this occupation are project and contract based.
• Economic uncertainty amid ongoing trade disputes may also have some firms rethinking expansion resulting in muted employment growth for this occupation. 
• As more advanced technologies, including artificial intelligence, machine learning, and enhanced cybersecurity continue to be incorporated into financial analysis systems, employers may require prospective employees to have expanded technical skill sets in these areas. Consultants will support implementation and adoption of new technologies and help transition clients to new ways of working and operating their business. 

Here are some key facts about business development officers and market researchers and analysts in the Calgary region:

• Approximately 1,950 people work in this occupation.
• Business development officers and market researchers and analysts mainly work in the following sectors:
  • Professional, scientific and technical services (NAICS 54): 33%
  • Oil and gas extraction (NAICS 211, 213): 10%
  • Finance, insurance and Real estate and rental and leasing (NAICS 52-53): 8%
  • Wholesale trade (NAICS 41): 7%
  • Transportation and warehousing (NAICS 48-49): 6%

Source Labour Market Information | Prospects Methodology