Revitalized organization helps entrepreneurs create impact through innovation
The University of Alberta Health Hub and Accelerator has a new name, a new mission and values, and new services to offer innovators and entrepreneurs starting out in the health sector. Located at Enterprise Square in downtown Edmonton, the accelerator is being rebranded the Health Innovation Hub, effective this month. The vision is for the hub…
Bit by bit, politicians will be taking more money from your family this year
Another year and another New Year’s dominated by COVID-19. Restrictions on hockey games, travel and even community gatherings lead the news. While that diverts our attention, politicians are nickel and diming us with higher taxes. In 2022, we’ll pay higher income taxes, carbon taxes, property taxes and even higher taxes for a bottle of booze.…
$27M from Alberta government goes to research in health, energy, environment, agriculture and astrophysics
An investment of $27 million from the Alberta government will significantly boost research capacity and lead to innovations across the sciences at the University of Alberta. The provincial government announced recently that a four-year investment through its Research Capacity Program will be used to upgrade or create new facilities and infrastructure for 11 research projects.…
Manufactures atom-scale circuits that are faster and use far less energy
The discovery that silicon could be used to make transistors smaller and more efficient in the late 1950s led to the invention of the integrated circuit – the basis for computers, cellphones and just about every other electrical device in use today – and signalled the dawn of the largest, most complex industry history has…
Supply chains in Western Canada have always been vulnerable and that’s not going to change anytime soon
Images from British Columbia over the past week have been heartbreaking: human casualties, dairy cows barely breathing above water before being pulled to safety, the loss of livestock across the Fraser Valley. Just devastating. And the flow of goods on rail and roads is severely compromised. Many now claim that flash floods and atmospheric rivers…
Without a plan, the government is flying blind
It’s ironic to procrastinate on planning. Sure, things will change, and any plan will have to change too, but it’s still essential to have some ideas about where to go and how to get there. There will never be a better time to make a plan. Yet Alberta is putting off its financial planning. It…
Making it easier for professionals certified in over 100 occupations to move to the province
While nearly one in three Canadian businesses is reporting labour shortages, Alberta is taking steps to make it easier for professionals certified in over 100 occupations to move to the province. Currently, these professionals wait between six and 12 months for their credentials from other provinces to be recognized. Thus, highly proficient Canadian-trained professionals like…
Initiative could transform Alberta into a powerhouse in the development of life-saving therapies
A gap in homegrown drug manufacturing means that Canadians are at the mercy of the global supply chain when it comes to ensuring they have access to the drugs they need. Around 80 per cent of the raw ingredients for the world’s drugs are made in only two countries: China and India, according to a…
Much of Alberta's revenues end up in provinces such as Quebec via federal transfers
By Mark Milke and Lennie Kaplan Canadian Energy Centre Nearly 62 per cent of Alberta voters endorsed removing equalization from the Constitution in a recent referendum. Constitutional scholar Ted Morton, a former Alberta finance minister, argues that the province has leverage to force the issue. Others argue that equalization has a weak constitutional status, which…
And what has it bought? Hostility
By Kevin Lacey and Franco Terrazzano Canadian Taxpayers Federation Sixty-seven billion dollars. That’s how much the federal government’s equalization scheme has cost Alberta taxpayers since its inception in 1957. This year, equalization will cost Alberta taxpayers nearly $3 billion. That means that equalization will cost an Alberta family of four about $2,600 this year on…