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The latest news, editorials, and conversations shaping Alberta’s business environment.

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Engineer with flag on background series - Alberta

AEG Comment on CSDS 2 Climate-related Disclosure Standards

After extensive consultation with our members, we must convey that we are in firm disagreement with CSDS 1and CSDS 2 as they are expected to bring about increased costs and uncertainties for businesses, particularly SMEs, with limited advantages for larger corporations, investors, or consumers. We must point out that these standards also contradict the values of a free market system by influencing investor choices and directing capital flows in a manner inconsistent with free enterprise.
After extensive consultation with our members, we must convey that we are in firm disagreement with CSDS 1and CSDS 2 as they are expected to bring about increased costs and uncertainties for businesses, particularly SMEs, with limited advantages for larger corporations, investors, or consumers. We must point out that these standards also contradict the values of a free market system by influencing investor choices and directing capital flows in a manner inconsistent with free enterprise.
Image of Shane Wenzel with the title of this editorial piece

The Good, The Bad & The Ugly of 2023

When I began to contemplate what I would write as a year-end summary I was hopeful it would be easier than last year to make it more uplifting and hopeful that we were turning the corner to easier times.
When I began to contemplate what I would write as a year-end summary I was hopeful it would be easier than last year to make it more uplifting and hopeful that we were turning the corner to easier times.

The AEG podcast, Episode 4: Scaling Up Innovation in Alberta: Navigating Barriers and Sharing Lessons with the World

This podcast discusses the work of ERA, an organization in Alberta that invests in technology and innovation to reduce greenhouse gas emissions and grow the economy. Justin mentions the benefits of their investments and highlights some of their funded projects, such as the hydrogen train and hydrogen semi-trucks. He also mentions the challenges of scaling up technology, including the lack of risk-taking capital and the importance of having a good business model and company management acumen. Justin emphasizes the importance of sharing knowledge and experiences, both successes and failures, and mentions the efforts in environmental sustainability being made in Alberta. He also mentions the difficulty of finding help for innovators but encourages them to persevere and seek help from various sources.
This podcast discusses the work of ERA, an organization in Alberta that invests in technology and innovation to reduce greenhouse gas emissions and grow the economy. Justin mentions the benefits of their investments and highlights some of their funded projects, such as the hydrogen train and hydrogen semi-trucks. He also mentions the challenges of scaling up technology, including the lack of risk-taking capital and the importance of having a good business model and company management acumen. Justin emphasizes the importance of sharing knowledge and experiences, both successes and failures, and mentions the efforts in environmental sustainability being made in Alberta. He also mentions the difficulty of finding help for innovators but encourages them to persevere and seek help from various sources.