The six-stage Tour of Alberta race is scheduled to debut Sept 3-8, 2013, starting in Edmonton and finishing in Calgary.
Sanctioned by the world governing body of cycling (UCI), the Alberta race will feature up to 16 pro cycling teams of up to eight riders per team. Organizers estimate up to half will be top pro teams.
Alberta's Rural Development Fund is providing $3.5 million to help fund the even, with additional support coming from corporate sponsorship.
"The Tour of Alberta is a wonderful opportunity to showcase our province as Albertans join with cycling fans from around the world in an international celebration of sport and culture," Alberta Culture Minister Heather Klimchuk said in a statement.
The race route will be announced in early 2013.