News
The latest news, editorials, and conversations shaping Alberta’s business environment.
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Honouring Cal Nichols
AEG mourns the passing of founding Chairman and Chairman Emeritus Cal Nichols, remembering his lifelong commitment to Alberta, business, community and the principle of giving back.
AEG mourns the passing of founding Chairman and Chairman Emeritus Cal Nichols, remembering his lifelong commitment to Alberta, business, community and the principle of giving back.
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, Ep. 9: Rethinking Retirement: Embracing a Multi-Generational Workforce
Colleen, the founder of Experience Group, shares her journey of becoming a retirement coach after struggling to find work due to ageism. Her organization helps individuals and companies manage their aging workforce and prepare for retirement beyond just financial planning. Colleen argues that the concept of retirement needs to be revamped, as people are living longer and healthier lives, and the workforce is becoming more age-diverse. She encourages companies to examine their recruiting and retirement processes, creates innovative ways to retire people while maintaining their knowledge and wisdom, and embrace the benefits of a multi-generational workforce. Colleen also highlights the dark side of retirement, including a lack of purpose and rhythm, which can lead to disappointment and uninspired retirees.
Colleen, the founder of Experience Group, shares her journey of becoming a retirement coach after struggling to find work due to ageism. Her organization helps individuals and companies manage their aging workforce and prepare for retirement beyond just financial planning. Colleen argues that the concept of retirement needs to be revamped, as people are living longer and healthier lives, and the workforce is becoming more age-diverse. She encourages companies to examine their recruiting and retirement processes, creates innovative ways to retire people while maintaining their knowledge and wisdom, and embrace the benefits of a multi-generational workforce. Colleen also highlights the dark side of retirement, including a lack of purpose and rhythm, which can lead to disappointment and uninspired retirees.