News
The latest news, editorials, and conversations shaping Alberta’s business environment.
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Alberta Enterprise Group: New measures are a welcome sign for Alberta businesses
Over the past few months Alberta’s businesses have shown their dedication to our communities by supporting the provinces health measures and many have shut their doors. It is encouraging that the Government of Alberta is now here to support those who have given more than their share throughout this crisis.
Over the past few months Alberta’s businesses have shown their dedication to our communities by supporting the provinces health measures and many have shut their doors. It is encouraging that the Government of Alberta is now here to support those who have given more than their share throughout this crisis.
Alberta’s Pre-Election Budget Biggest Surprise? Fiscal Prudence!
Pre-election budgets are rarely admirable. Money is spread around like pixie dust to curry the support of voters and to knee-cap opposition parties by borrowing their ideas. To a certain extent, the pre-election good news budget that Alberta Finance Minister Travis Toews delivered Tuesday follows this time-honoured political path, helped by $27.5 billion in oil and gas revenues in the 2022/23 fiscal year. And so, it is easy to chide the budget for populist policies like freezing insurance rates and capping post-secondary tuition fee increases at 2 per cent and for industrial policy measures for politically favoured industries (such as agricultural processing and film and television production). And there is the usual scattering of minor tax credits instead of a general cut in personal taxes – with no mention of a tax review geared to major reform, which the United Conservative Party proposed when it took office.
Pre-election budgets are rarely admirable. Money is spread around like pixie dust to curry the support of voters and to knee-cap opposition parties by borrowing their ideas. To a certain extent, the pre-election good news budget that Alberta Finance Minister Travis Toews delivered Tuesday follows this time-honoured political path, helped by $27.5 billion in oil and gas revenues in the 2022/23 fiscal year. And so, it is easy to chide the budget for populist policies like freezing insurance rates and capping post-secondary tuition fee increases at 2 per cent and for industrial policy measures for politically favoured industries (such as agricultural processing and film and television production). And there is the usual scattering of minor tax credits instead of a general cut in personal taxes – with no mention of a tax review geared to major reform, which the United Conservative Party proposed when it took office.
AEG Podcast, Episode 5: Empowering Alberta’s Youth: The Ten Peaks Innovation Alliance’s Story
The AEG podcast features an interview with Dagmar Knutson, the founder of 10 Peaks Innovation Alliances. Dagmar's non-profit organization aims to educate Alberta's youth on technology, innovation, inclusivity, energy, environment, and career opportunities. The organization's inspiration came from her son's lack of knowledge about the energy industry in Alberta. Dagmar describes the organization's events, such as an annual student conference, case competitions, micro-grants, entrepreneurship camps, and innovation webinars. 10 Peaks is currently partnering with the University of Calgary's Hunter Center for entrepreneurship, and it is seeking additional partnerships for financial stability. The organization strives to provide balanced conversations about sustainability and energy transition to inspire and engage students in the fast-changing world of technology and innovation.
The AEG podcast features an interview with Dagmar Knutson, the founder of 10 Peaks Innovation Alliances. Dagmar's non-profit organization aims to educate Alberta's youth on technology, innovation, inclusivity, energy, environment, and career opportunities. The organization's inspiration came from her son's lack of knowledge about the energy industry in Alberta. Dagmar describes the organization's events, such as an annual student conference, case competitions, micro-grants, entrepreneurship camps, and innovation webinars. 10 Peaks is currently partnering with the University of Calgary's Hunter Center for entrepreneurship, and it is seeking additional partnerships for financial stability. The organization strives to provide balanced conversations about sustainability and energy transition to inspire and engage students in the fast-changing world of technology and innovation.