News
The latest news, editorials, and conversations shaping Alberta’s business environment.
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Alberta Enterprise Group, Business First
In 2007 a group of business leaders banded together to create an ambitious new business advocacy organization. The mandate of the group was to make Alberta a better place to live and do business, thereby creating long-term and unprecedented prosperity for every Albertan.
In 2007 a group of business leaders banded together to create an ambitious new business advocacy organization. The mandate of the group was to make Alberta a better place to live and do business, thereby creating long-term and unprecedented prosperity for every Albertan.
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.