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Jobs, Economy, Pipelines
Michele Evans, Assistant Deputy MinisterAlberta Economic Development, Trade & Tourism
March 6, 2020
Budget 2020: A Plan for Jobs & the Economy
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Revenue Volatility
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1. Supporting businesses
2. Freeing job creators from senseless red tape
3. Building infrastructure
4. Skills development
5. Selling Alberta to the world
Getting back to work: Blueprint for Jobs
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• Investment and Growth Strategy
– Investment Agency
– Energy, Agriculture, Fin-tech, Aerospace/Aviation, Tech
• Innovation System
– Innovation Capital Working Group
– Benchmarking & Intellectual Property
– Tech Sector Plans (Artificial Intelligence, Life Sciences)
• Tourism: 10 year Tourism Strategy
Economic Development, Trade & Tourism
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Double tourism spending in Alberta
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GAP ANALYSIS
Vis
ito
r Sp
end
2020 2030
$10B
$20B
Organic GrowthCAGR = 3.3%
$13.4B
▪ Accelerated growth▪ Change management▪ Investment▪ All of government and
industry approach to tourism
$20B
$8.9B
Accelerated GrowthCAGR = 7.0%
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THE ALBERTA CONTEXT: POWERFUL INDUSTRY
PERFORMANCE.
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KNOWING OUR CUSTOMER.
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KEY LEARNINGS: CHALLENGES &
OPPORTUNITIES.
GOVERNANCE & ALIGNMENT
DEDICATED, STABLEFUNDING
INFRASTRUCTURE & ACCESSIBILITY (e.g. rail)
CROWN LAND ACCESS & POLICY
PEAK SEASON CAPACITY(and affordability)
LABOUR TRAINING & EDUCATIONTECHNOLOGY/CONNECTIVITY
PRODUCT DEVELOPMENT
DESTINATION DEVELOPMENT & MANAGEMENT
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5 Focus Areas
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