OUR FOCUS
Competitive & Sustainable Economy
Creating A Competitive & Innovative Business Environment for Generations
A competitive and sustainable economic future is about creating the right environment for business to flourish in the long term, generating a place of shared prosperity for all.
Alberta must be the most competitive, productive, adaptive, and resilient business environment anywhere in the world. We must be bold, creative, and a lab for innovation that has the potential to change the world. That is how Alberta can be a magnet in the global competition for talent, business, investment, attention, and be a leader in innovation, future resource development, and climate performance.
Key Priorities
Natural Resources, Climate Policy & ESG
Leading emissions reduction efforts and ESG performance, developing future energies and products, and enabling the technologies, investments, and partnerships to reduce our impact on the environment and improve our impact on the world.
Economic Diversification
Building on our economic strengths and developing emerging sectors to attract investment, create good jobs, and build prosperity for generations is the smart way to diversify and grow our economy.
Business Environment & Competitiveness
Innovating, removing complexity, and focusing on competitiveness in regulation, taxation, innovation, technology adoption, infrastructure, and government budgets and services to establish a highly attractive and desirable business environment.
Fiscal, Economic & Regulatory Policy
Being competitive requires long-term fiscal and economic stability, wise and efficient spending, smart and efficient taxation, managing volatility, appropriate regulation, and effective deficit and debt management.
Market Access & Infrastructure
Alberta is a trading jurisdiction. Unlocking market access to enable trade and improving the delivery of goods and services through a comprehensive network of physical and digital infrastructure is essential to prosperity.
Innovation & Technology Ecosystem
Creating the conditions, environment, and culture to enable the necessary capital, talent, customers, institutions, and appropriate regulation to be established is vital to being a global-leading innovation ecosystem.
Key Initiatives
- Clean Fuel Standard: Assessing the impact of the federal government’s proposed Clean Fuel Standard, how it will affect Alberta and Canada, and exploring options to improve the regulation.
- Alberta’s Government Revenue Mix: Studying Alberta’s current fiscal situation, from declining resource revenues to a widening fiscal gap, and exploring options for increasing revenue, decreasing volatility, and returning to fiscal sustainability.
Recent Work
Rising interest rates and household debt: Are Canadians at higher risk?
Interest rates are on the rise in Canada and around the world as central banks scramble to stem the fastest inflation we’ve seen in a generation. Raising interest rates is the most important policy action that central banks can take to combat inflation. Making...
PODCAST: Episode #76: The Energy Evolution: Alberta & The Path to Net Zero
Alberta has a unique emissions profile in Canada. As the centre of much of the nation’s energy production, Alberta is a significant emitter of greenhouse gas emissions. But that fact also points to the opportunity found in Alberta to move the needle on emissions...
The solution to labour shortages isn’t just more people
A shortage of labour is a major pain point among businesses across Canada and Alberta. Consumers are in line, orders continue to flood in, but workers are hard to come by, limiting economic growth. The solution seems obvious enough. We just need more people. Many have...
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