Premier Danielle Smith’s West Coast pipeline plan puts Canada’s federation to the test. With the world’s third largest oil reserves in Alberta, unlocking this market could deliver billions in jobs, tax revenue, and national prosperity – provided the federal government and provinces work together. At AEG we back this partnership as the cornerstone of a stronger, unified Canada.
Jack Mintz argues that Ottawa should put tax simplification at the forefront of the budget, slashing compliance costs for small businesses and taxpayers while preserving services – a win win for growth and fairness.
Ottawa’s “major projects” list under Bill C‑5 promises fast‑tracked approvals, yet most initiatives are approved or under construction. An open letter to Prime Minister Mark Carney from Canada’s top energy leaders spotlights a deeper issue: an investment climate hampered by excessive taxation and bureaucratic delays. AEG supports their call for a streamlined system that benefits every sector and fuels Canada’s growth.
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.
As the Canadian federal election approaches, the national conversation has largely centered on the leaders, particularly Pierre Poilievre. However, Mark Carney’s values and political priorities remain less explored. While his extensive experience in global finance and leadership roles at the Bank of Canada and the Bank of England is well-known, the question remains: Who is Mark Carney as a person? How will his values shape his policies if he wins the upcoming election? This is a crucial question for voters, as it could significantly influence Canada’s future.
As Canada approaches a federal election, the focus should be on economic growth that genuinely enhances the lives of Canadians. Canada’s GDP per capita has been declining, placing it last among developed countries in real GDP per capita growth over the past decade. This decline indicates that while the population has grown, prosperity has not kept pace. Stay informed and raise your expectations for a prosperous Canada.