Edmonton, Alberta (February 26, 2018) – Alberta’s Industrial Heartland Association is encouraged by Premier Notley’s announcement today of her government’s actions supporting the full-scale commercialization of partial upgrading technologies. This action, which comes on the heels of the release of the Energy Diversification Advisory Committee’s (EDAC) recommendations to government, is a strong first step towards attracting new investments in the downstream sector, which will in turn add value to our resources and to Alberta’s Industrial Heartland and our broader Alberta economy.
“More and more, the global investment landscape continues to place value on jurisdictional competitiveness; AIHA supports government initiatives and activities that align with industry to create the right investment conditions,” says Mark Plamondon, Executive Director of Alberta’s Industrial Heartland Association. “Alberta is investment ready and eager to capture a potential $30 billion in diversified investment by 2030. With more than $40 billion in existing capital investment, Alberta’s Industrial Heartland region is ready for more. We are encouraged by the provincial government’s recognition of the need for targeted, meaningful incentive programs and we support the recommendations put forward by the Energy Diversification Advisory Committee.”
AIHA contributed during the consulting stage to EDAC’s development of its recommendations, which focused on efforts that will diversify the economy, create jobs, and attract new investment to Alberta. As part of its submission, AIHA highlighted the need to coordinate closely with all levels of government in support of investment attraction. AIHA looks forward to additional implementation of the EDAC recommendations and working with the government to implement any programs that diversify our economy and attract value-added energy investment to the Industrial Heartland.
Click Here to read AIHA’s submission to the Energy Diversification Advisory Committee