The rapid rise of AI and automation is reshaping the knowledge economy, shifting the value of education from memorization to creativity, problem-solving, and human connection – skills where AI falls short. Like past technological revolutions, AI should be seen as a tool to enhance learning. The challenge for parents, educators, and leaders is to guide its use in fostering curiosity, critical thinking, and meaningful connection.
Despite U.S. tariffs, Canada has pivoted strategically, leveraging the CPTPP and CETA to boost trade with the EU and UK. This diversification has protected exporters and positioned Canada for growth, with Alberta’s businesses leading the charge in energy, agriculture, and tech. Strategic foresight has turned challenges into opportunities, proving the value of trade agreements in a volatile global economy.
Alberta’s mining industry is showing promising signs of progress and opportunity. According to the Fraser Institute’s Annual Survey of Mining Companies 2024, Alberta ranks 27th globally but stands out 9th worldwide for its attractive policy environment. Alberta is advancing in the production of potash, lithium, and rare earth elements – critical for electric vehicles and advanced manufacturing.
A new article from the Fraser Institute highlights the growing challenges facing Canadian small businesses, which make up over 98% of all firms and employ nearly two-thirds of private sector workers. Despite their vital role, rising costs, high taxes, and excessive regulation are making it harder for entrepreneurs to thrive. At AEG, we believe supporting small business is essential to Alberta’s long-term economic resilience.
The Fraser Institute’s 2025 Tax Index shows the average Canadian family paid 42.3% of their income in taxes – more than on food, housing, and clothing combined. With taxes rising faster than living costs and up 2,784% since 1961, many are questioning the value they receive. Alberta Enterprise Group advocates for efficient, low-cost government that supports, not stifles, opportunity.
With potential new U.S. tariffs looming as early as August 1, 2025, Canadian exporters are bracing for impact. While most goods remain protected under the USMCA, a little-known trade law – Section 232 – could still put specific sectors at risk. Learn what this means for cross-border trade, how your business might be affected, and what steps to take now to stay ahead.
In 2009, economists Reinhart and Rogoff warned that when nations try to defy economic gravity, crisis is inevitable. Today, Canada is flashing similar red flags: soaring debt-to-GDP, falling productivity, and rising deficits. Despite historical evidence, we keep spending as if “this time is different.” But real prosperity is built by entrepreneurs, job creators, and communities from the ground up. At AEG, we believe change only comes when we act differently.
As Alberta charts its economic future, a critical question emerges: What size should government be to maximize prosperity? With spending approaching 30% of GDP, Alberta still outperforms other provinces, but risks slowing growth if this trend continues. Research shows that excessive government size can stifle innovation and reduce living standards. A balanced approach can keep Alberta competitive and thriving.
This Canada Day, Alberta Enterprise Group (AEG) reflects on the enduring spirit of Canadian entrepreneurship – from the legacy of the Hudson’s Bay Company to the small business owners driving today’s economy. As we celebrate, it’s also a time to honour the risk-takers, innovators, and community builders who continue to shape Canada’s future through resilience and determination.
As Stampede season kicks off, Alberta Enterprise Group tips its hat to the hardworking tradespeople who keep our province running all year long. From welders to truck drivers, these unsung heroes are the backbone of Alberta’s economy. This week, we salute their grit, pride, and work ethic – because Alberta doesn’t move without them.
