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Shifting the Alberta Advantage - MasterMaq.ca Blog
The main thing we talked about yesterday at the ONEdmonton forum was economic development. In addition to breakouts and other discussion, we had two informative presentations that I hope to blog about over the next while. In her presentation on Diversifying Edmonton's Economy, Tammy Fallowfield, EEDC's Executive Director of Economic Development, touched on shifting the "Alberta Advantage". Here's what her slide said: Remain relatively low tax Not a low cost environment Not a surplus of labour Not a currency 'bargain' I think the phrase "Alberta Advantage" means different things to different people, but traditionally our low taxes, low cost of doing business, surplus of labour, and being attractive to investment, have all been considered important aspects. Here are a few notes on each. Alberta's low taxes remain a strength. From the Alberta Competitiveness Council's 2010 report (PDF, 14 MB): represents the area of best performance for Alberta, with moderately low tax burdens for