From the Minister

September 17, 2020 | Alberta's Recovery Plan

Jobs, Economy and Innovation Minister Doug Schweitzer provides an overview of the ministry’s priorities.

Accomplishments

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Alberta’s film industry is attracting more productions and opportunities with the Film and Television Tax Credit.

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A $75-million Investment and Growth Strategy will guide actions targeting investment growth in priority sectors that both drive and enable Alberta’s economy.

A 10-Year Tourism Strategy is being developed in partnership with Travel Alberta to grow Alberta’s tourism sector.

An Innovation Capital Working Group submitted its final report to government with options on how to attract new investment in Alberta’s early-stage technology companies.

Key information

  • Driving job creation to support growth
    • Alberta’s government is removing policy and regulatory barriers that hinder economic growth so that the province returns to a free enterprise economy.
    • We are working to ensure job creators have supports to grow and thrive – this includes enhancing access to financial supports and capital.
  • Attracting, retaining and expanding investment
    • We are improving the investment attraction ecosystem by reducing corporate tax rates – now at 8% – removing red tape and creating the freest economy in North America.
    • Working with the newly created Invest Alberta Corporation, we will boost Alberta’s reputation as an investment destination with aggressive, proactive pursuit of high-value investment, reminding investors that Alberta is the best place in the world to invest.
    • We are shifting the focus of Alberta’s international office network to boost investor engagement in key markets around the world.
  • Incentivizing investment in innovation
    • We are increasing access to innovation funding and supports through the recapitalization of the Alberta Enterprise Corporation and continued support of Alberta Innovates.
    • We are supporting and accelerating research, innovation and entrepreneurship to help grow globally competitive enterprises.
    • We are also supporting efforts to commercialize world-class Alberta research to create cutting-edge jobs in the province.
  • Growing and diversifying tourism
    • We are working with Travel Alberta to create a 10-Year Tourism Strategy that will support the sector’s recovery and set it up for ongoing, sustainable investment.
    • By cutting red tape and creating a competitive and attractive tourism business environment, Alberta’s government will help grow our tourism industry and boost year-round visits across the province.
    • Alberta’s government will help diversify the province’s tourism sector, creating new, expanded and refreshed tourism products and experiences in all corners of the province – not just in the mountain parks.
  • Cutting red tape for businesses
    • Alberta’s government is working hard to cut red tape by one-third to reduce costs, speed up approvals, and make life better for all Albertans – especially for job creators.
    • It will be easier for people to get the government services they need, and the reduced regulatory burden on job creators will encourage investment, boost Alberta’s competitiveness, and get more Albertans back to work.
    • Removing needless red tape – such as duplicate processes and rules that do not add protections – will save time, money and resources, while still protecting the environment, upholding fiscal accountability and ensuring the health and safety of Albertans.

In focus

An ambitious strategy to create jobs, build and diversify.

Alberta Export Expansion Program

The newly streamlined Alberta Export Expansion Program reduces red tape for local businesses looking to expand around the world.

When this program launches in January 2021, companies can receive a grant of up to 20% toward qualifying research and development expenditures.

Creating jobs in Alberta’s technology sector

We are recapitalizing the Alberta Enterprise Corporation with $175 million to support early-stage companies by providing access to capital.

Biography

Minister Schweitzer was elected to the Legislative Assembly of Alberta on April 16, 2019, as the MLA for Calgary-Elbow.

A dedicated husband, father of 2 young girls and a long-serving community volunteer, Schweitzer has a strong record of public service, including previously raising funds for military families and serving as Vice Chair of the Calgary Drug Treatment Court. He is passionate about restoring Alberta's promise – an Alberta in which, no matter where you came from, if you worked hard, you could succeed.

Schweitzer was a partner at a leading Alberta law firm as a restructuring and bankruptcy lawyer. This experience gave him a first-hand view of the staggering impacts of failed policies that have led to job losses, economic stagnation and a loss of hope.

Doug Schweitzer was appointed as Alberta’s Minister of Jobs, Economy and Innovation on August 25, 2020. Schweitzer will oversee the implementation of Alberta’s Recovery Plan, its sector strategies and Alberta’s growth agenda.

Schweitzer previously held the position of Alberta’s Minister of Justice and Solicitor General where he made important progress tackling rural crime, advancing aspects of the fair deal panel report recommendations, and creating a faster, fairer and more responsible justice system.