Alberta Futures Project
The collapse of oil and gas prices in 2014 combined with the rapid growth of U.S. oil production, difficulties in obtaining approval for infrastructure to reach new markets, and uncertainty regarding the impacts of climate change policies worldwide have proven to be strong headwinds for the province’s key energy sector.
Together, the negative effects on employment, incomes, and provincial government revenues have been substantial. To make matters worse, in early 2020 the Covid-19 pandemic struck a major blow to the lives and health of segments of the population and to livelihoods in many sectors. The result has been further employment and income losses, more reductions in government revenues, huge increases in government expenditures and debt. These events, combined with lagging productivity, rapid technological shifts, significant climate policy impacts and demographic trends, call for great wisdom, innovation, collective action, and leadership to put the province on the path of sustainable prosperity.
It is in this context that we commissioned a series of papers from a wide range of authors to discuss Alberta’s economic future, its fiscal future, and the future of health care.
The plan is that these papers will ultimately be chapters in three e-books published by the School of Public Policy. However, in the interest of timeliness and encouraging discussion, we are releasing selected chapters at various intervals as pre-publications and organizing webinars on selected topics.
Fiscal Planning and Sustainability in Alberta: Trevor Tombe
A Fiscal Anchor for Alberta: Bev Dahlby
The State of the Alberta Economy and the Path Forward: Todd Hirsch
The View from Business: Ken Kobly
Alberta’s Future: The Role of Entrepreneurship and Innovation: Phillip Cross
Alberta’s Key Challenges and Opportunities: Danielle Smith
The Rate of Poverty and Alberta’s Economic Future: Ron Kneebone and Margarita Wilkins
Building Alberta’s Financial Sector: Jack Mintz, L. Daniel Wilson and Bryce Tingle
Public and Private Sector Wages: How does Alberta Compare to the “Big 3” Provinces? Richard Mueller
Alberta in Canada’s Net Zero Future: Seizing Opportunities While Adapting to Change: Chris Bataille, Sarah Dobson, Anna Kanduth, Jennifer Winter
Future of Alberta Energy Sector: Mac Van Wielingen