News
The latest news, editorials, and conversations shaping Alberta’s business environment.
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AEG Annual Report 2024
A Year in Review - The AEG Annual Report 2024
"Central to our work is AEG’s core belief that meaningful change comes from a broadnet work of influencers and proven decision-makers across every major industry inAlberta. Together, we know that we can achieve more. Our network allows businesses of all sizes to connect with Alberta’s business leaders and policymakers, providing them with a clear and informed view of the provincial landscape. This access enables businesses to stay knowledgeable about industry developments, legislative changes, and key economic trends impacting Alberta." - Catherine Brownlee, President, Alberta Enterprise Group
A Year in Review - The AEG Annual Report 2024
"Central to our work is AEG’s core belief that meaningful change comes from a broadnet work of influencers and proven decision-makers across every major industry inAlberta. Together, we know that we can achieve more. Our network allows businesses of all sizes to connect with Alberta’s business leaders and policymakers, providing them with a clear and informed view of the provincial landscape. This access enables businesses to stay knowledgeable about industry developments, legislative changes, and key economic trends impacting Alberta." - Catherine Brownlee, President, Alberta Enterprise Group
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.
