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The Brief: Mixed Signals: Fall Economic Update on Alberta's Economy

Release Date: 10/31/2023

Episode #133: The Brief: Winter 2024 Economic Snapshot

AlbertaBETTER

The team dives into many of the leading and lagging economic indicators that tell us a bit about where Alberta's economy stands compared to the summer snapshot. They also dive into some of the political developments both nationally and globally and what they could mean for Alberta and Canada's economic forecast into 2025. There are several positives in Alberta's outlook. The Bank of Canada's interest rate hikes seem to have set Canada's economy up for the 'soft landing' they hoped for, curbing consumption and inflation without significant job losses. Meanwhile, Alberta continues to be the...

Episode #132: C-Suite Unplugged: Warren Stow, President, GrainsConnect Canada

AlbertaBETTER

Warren Stow, the visionary CEO of GrainsConnect, shares his captivating journey from his roots on a family farm in Graysville, Manitoba, to leading a pivotal player in the grain industry. Hear firsthand about the strategic operations that channel Western Canadian grains and oilseeds to global markets, and how Warren's agricultural upbringing and diverse career experiences shaped his leadership. Discover the intricate dance between tradition and innovation that propels GrainsConnect forward, navigating challenges from labour disruptions to leveraging cutting-edge technology. Our...

Episode #131: The Brief: C-59 Blows an Icy Wind on Canadian Ambition

AlbertaBETTER

Understand the frustrations behind Bill C-59's controversial greenwashing amendments with insights from Adam Legge, President of the Business Council of Alberta. Can these changes to the Competition Act redefine the landscape for Canadian companies making environmental claims? Discover how the lack of clarity and rushed legislation might stifle innovation and corporate communication, leaving the Competition Bureau in a tough spot. Explore the broader implications of discouraging future-oriented environmental claims and the potential chilling effect on Canadian entrepreneurship. As Adam sheds...

Episode #130: C-Suite Unplugged: Ian Burns, President & CEO of Connect First & Servus Credit Union

AlbertaBETTER

On this episode of the C suite, we welcome Ian Burns, CEO of Connect First and Servus Credit Union Limited, who shares his remarkable journey from working at a Costco in high school to leading a major credit union. Ian opens up about his educational background and the unexpected transitions that shaped his career, including a pivotal stint at TELUS. His story is filled with resilience, adaptability, and the importance of seizing opportunities, offering valuable lessons for aspiring leaders. We explore some of the leadership challenges in the world financial services, as well as the...

Episode #129: The Brief: How will the coming BC election impact Albertans?

AlbertaBETTER

What happens in British Columbia has a huge impact on Alberta, and a lot is happening in BC right now as the October 19th election approaches. Top BC political commentators Allie Blades and Rob Shaw join us for a riveting discussion about the rapidly evolving policy and political landscape, and the implications for Alberta. Our guests provide an in-depth look at the unique dynamics and challenges that have emerged for the reshaped party landscape – with the BC United Party halting its campaign, merging with the BC Conservatives, and setting up a close contest with the BC NDP....

Episode #128: The Brief: Hon. Minister Nate Horner - Q1 Fiscal Update

AlbertaBETTER

What was initially a modest $350 million surplus has now skyrocketed to an impressive $2.9 billion. In a first quarter fiscal update that was far from typical, what drove this sudden surplus and what are some of the challenges that come with it? Join us as we sit down with Alberta's Minister of Finance Nate Horner to dissect Alberta's surprising first quarter fiscal update. We'll discuss the driving forces behind this unexpected increase, including oil and gas prices and Alberta's rapid population growth, while also examining the dual-edged sword they represent—while more people mean higher...

Episode #127: The Brief: Unprecedented Canadian Rail Strike

AlbertaBETTER

Get ready for an eye-opening discussion with Derrick Hynes, President and CEO of FETCO, as we unravel the complexities of the ongoing rail work stoppage in Canada. Derrick brings to the table his profound insights on the challenging landscape of collective bargaining in a post-COVID world and the significant economic risks at stake. He also shares the proactive measures FETCO has recommended to the Minister of Labour, aiming to strike a fair balance between union demands and employer capabilities while highlighting the pivotal role FETCO plays in representing large employers in federally...

C-Suite Unplugged: Avik Dey, President & Chief Executive Officer, Capital Power Corporation

AlbertaBETTER

Join us on C-Suite Unplugged as we sit down with Avik Day, President and CEO of Capital Power, for an insightful conversation about his journey to the C-Suite and the dynamic world of power generation. Avik shares his experiences from growing up in Calgary to his career in the global energy business, highlighting roles in capital markets, private equity, and entrepreneurship. He discusses Capital Power's commitment to innovation and balanced energy solutions, emphasizing the interconnectedness of the energy sector with politics, commerce, and climate. Avik also addresses the complexities of...

The Brief: Snapshot - Summer 2024 Edition

AlbertaBETTER

Episode Description Join us as we explore the intricate economic landscape of Alberta in mid-summer, where high inflation and interest rates contrast with robust economic growth. Alongside our chief economist, Mike Holden, we unpack the paradox of a thriving economy and rising unemployment rates in major cities like Calgary and Edmonton. Despite the high business optimism and strong private sector job growth, the rapid influx of newcomers is outpacing job creation, presenting unique challenges for the province. We also examine the financial struggles facing Albertans amidst rising living...

The Brief: How innovation is helping Alberta adapt to a changing water future

AlbertaBETTER

Alberta's opportunity to contribute to global solutions in agriculture, energy, and health is immense. Seizing this opportunity will take big ideas, lots of collaboration, and a little “can do” attitude. In the special series of The Brief, called Missions & Moonshots, we are talking to top experts, business leaders, innovators, and thought leaders across Alberta and Canada exploring solutions to the world’s biggest challenges in energy, agriculture, and health. Our guest is Vicki Lightbown, the Director of the Water Innovation Program at Alberta Innovates. She discusses the state of...

More Episodes

As we get into the final quarter of 2023, Alberta’s economy is sending some mixed signals. Many indicators point to a strong provincial economy including good labour market conditions, positive business activity, and wage growth, but challenges of affordability, slowing national growth, and declining consumer confidence weigh on future growth expectations.

In this conversation, we speak with BCAs Economist Team Mike Holden & Alicia Planincic to cover topics including wages & affordability, the labour market, and business investment. We also look ahead at our predictions for next quarter.

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About The Business Council of Alberta

The Business Council of Alberta was founded on a simple idea: to make life better for all Albertans. We believe that business has an important role in improving society, and that when business does well, we all do well. We work with the chief executives and leading entrepreneurs of Alberta’s largest enterprises to understand the big, long-term challenges that Albertans are facing and work with industry, government, and civil society to solve these problems and build shared prosperity for every person who calls Alberta home.

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