New York mayoral front-runner Zohran Mamdani is making headlines with his affordability agenda, promising expanded free public services, social housing, and public transit subsidies funded by higher taxes. While the proposals aim to ease the cost of living for New Yorkers, economists and critics question their long-term effects on the city’s economy and housing market.
Despite U.S. tariffs, Canada has pivoted strategically, leveraging the CPTPP and CETA to boost trade with the EU and UK. This diversification has protected exporters and positioned Canada for growth, with Alberta’s businesses leading the charge in energy, agriculture, and tech. Strategic foresight has turned challenges into opportunities, proving the value of trade agreements in a volatile global economy.
Europe’s economy is high-taxed, over-regulated, and underperforming – not a model Canada should copy. While trade and cooperation with the EU bring benefits, adopting Europe’s economic policies could hurt Canada’s competitiveness and strain relations with the U.S. Instead of imitating Europe, Canada should focus on building a uniquely competitive economy that thrives globally.
Alberta’s mining industry is showing promising signs of progress and opportunity. According to the Fraser Institute’s Annual Survey of Mining Companies 2024, Alberta ranks 27th globally but stands out 9th worldwide for its attractive policy environment. Alberta is advancing in the production of potash, lithium, and rare earth elements – critical for electric vehicles and advanced manufacturing.
Canada is shifting trade from the US to the EU under Mark Carney, but tough EU climate rules risk pricing out Canadian businesses – especially small and energy-intensive ones. Meanwhile, the US remains a simpler partner, and Asia offers growing, less regulated markets. Is EU integration worth the cost?
Canada is a global leader in zero-carbon electricity, generating over 80% of its power from clean sources. This isn’t just good for the climate – it’s a competitive advantage. It’s time to own this success and make clean electricity central to our national story.
A new article from the Fraser Institute highlights the growing challenges facing Canadian small businesses, which make up over 98% of all firms and employ nearly two-thirds of private sector workers. Despite their vital role, rising costs, high taxes, and excessive regulation are making it harder for entrepreneurs to thrive. At AEG, we believe supporting small business is essential to Alberta’s long-term economic resilience.
As global climate policies escalate, backlash grows. With countries withdrawing from the Paris Accord and Canada advancing net-zero mandates – from digital taxes to home energy audits – concerns are rising about economic impact and government overreach. Is climate policy becoming more about control than conservation?
The Fraser Institute’s 2025 Tax Index shows the average Canadian family paid 42.3% of their income in taxes – more than on food, housing, and clothing combined. With taxes rising faster than living costs and up 2,784% since 1961, many are questioning the value they receive. Alberta Enterprise Group advocates for efficient, low-cost government that supports, not stifles, opportunity.
With potential new U.S. tariffs looming as early as August 1, 2025, Canadian exporters are bracing for impact. While most goods remain protected under the USMCA, a little-known trade law – Section 232 – could still put specific sectors at risk. Learn what this means for cross-border trade, how your business might be affected, and what steps to take now to stay ahead.
