ACC Weekly Update

September 2, 2022

Alberta News

Celebrating the First Official Alberta Day




The first official Alberta Day kicks off Sept. 1, promising a weekend full of homegrown artistic talent, made-in-Alberta products, locally grown and produced food and beverages, and much more.


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Q1 update: Paying Down Debt and Saving for the Future

Strong economic activity this year will see Alberta make historic investments in savings and debt reduction. High revenue forecast for bitumen royalties, other resource revenue and corporate income taxes have increased the province’s forecast surplus to $13.2 billion for 2022-23.


Listen to Shauna Feth's interview with 770/CHQR Radio

*Select Aug 31 at 3:10 pm


ACC Media Release 

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Change to Cabinet

Premier Jason Kenney has announced a change to cabinet to fill the vacancy in the Ministry of Jobs, Economy and Innovation.


Tanya Fir will become the Minister for Jobs, Economy and Innovation while continuing to serve as the Associate Minister of Red Tape Reduction.


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10-year Review of the Lower Athabasca Regional Plan

As part of this review process, feedback from Albertans, Indigenous communities and key stakeholders will help the Government of Alberta assess the ongoing relevancy and effectiveness of the existing plan in supporting the long-term vision for economic, social and environmental needs in the region. Public engagement will take place in the fall, beginning with the launch of a survey in mid-September.


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Premier Wraps up South Korea Mission

Over the course of three days, Premier Kenney and the Alberta delegation met with government and industry leaders representing major South Korean companies like H2KOREA, Posco, Hyundai Engineering and Hyundai Motors, as well as the Korean Atomic Energy Research Institute, the Canadian Chamber of Commerce in Korea and the Korean Ministry of Trade, Industry and Energy.


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Environment Minister Shares Alberta’s Story

Environment and Parks Minister Whitney Issik travelled to Whitehorse, Yukon, to attend the Canadian Council of Ministers of the Environment (CCME) meeting. CCME, being held Aug. 30-31, is a minister-led intergovernmental forum to discuss national and international environmental issues. Minister Issik met with federal, provincial and territorial environment ministers and shared Alberta’s progress and successes in managing climate change, air quality, waste and recycling.


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Stronger Construction Rules will Bolster Industry

A new prompt payment framework, now in effect, ushers in payment timelines and a dispute resolution process for Alberta’s construction sector.


 “Payment practices in Alberta have deteriorated over many years. Accounts receivable frequently in excess of 60 days shifts the burden of project financing to contractors and subcontractors. The new prompt pay provisions will play an essential role in keeping cash flowing through the life of a construction project. Annual release of lien holdbacks will also free up cash much earlier than under the past legislation.” - Nate Glubish, Minister of Service Alberta


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Boosters Expand to Kids Aged 5-11

Albertans can soon start booking COVID-19 vaccine boosters for children aged five to 11, based on recommendations from the National Advisory Committee on Immunization and the Alberta Advisory Committee on Immunization.


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CANADA NEWS


Tax Relief for Prairie Livestock Producers Facing the Impacts of Extreme Weather


To provide assurance for producers as they make difficult herd management decisions, the Minister of Agriculture and Agri-Food, the Honourable Marie-Claude Bibeau, announced an initial list of designated regions in Alberta, Saskatchewan and Manitoba where Livestock Tax Deferral has been authorized for 2022 due to extreme weather conditions. Under the Livestock Tax Deferral, to defer income, the breeding herd must have been reduced by at least 15%. 


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Government of Canada and Alberta are putting patients first with new research investment

The Honourable Randy Boissonnault, Minister of Tourism and Associate Minister of Finance, announced, on behalf of the Honourable Jean-Yves Duclos, Minister of Health, a joint investment of more than $36 million over five years from the Government of Canada, the Government of Alberta, and other provincial partners to continue the work of the Alberta SPOR Support for People and Patient-Oriented Research and Trials (SUPPORT) Unit to connect research with patient needs so that evidence-based solutions can be applied to health care.


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Featured Event

Inventures: Calgary Alberta May 31 - June 2, 2023

Join the best and brightest in global innovation for three days of learning, inspiration and creative collisions. From rousing keynotes and expert panels to startup pitch competitions and informal networking opportunities, Inventures is the must-attend event of 2023. Make connections, strike deals and launch creative ideas into overdrive! 


Inventures is for investors, entrepreneurs, researchers, academics, thought leaders, business, as well as investment and professional service providers. 


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Resources

Alberta's OHS Resources: Musculoskeletal disorders


Alberta Occupational Health and Safety (OHS) has developed and made available several free resources to support businesses in taking simple and cost-effective steps to address known MSD hazards at work sites. 


Click here to provide feedback by September 9, 2022


Online Resource Portal

The Alberta Chambers of Commerce is a federation of 116 community-based chambers of commerce representing more than 24,000 job creators.

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