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Capital Investment Tax Credit (CITC)

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As part of the Alberta Jobs Plan, the Alberta government has invested $70 million in a Capital Investment Tax Credit (CITC) for manufacturing, processing and tourism infrastructure that will spur... More ≫

Description

As part of the Alberta Jobs Plan, the Alberta government has invested $70 million in a Capital Investment Tax Credit (CITC) for manufacturing, processing and tourism infrastructure that will spur economic diversification and job creation. This is a 2-year program that provides a non-refundable tax credit valued at 10% of a corporation’s eligible capital expenditures, up to $5 million.

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The number of job vacancies in Alberta dropped sharply during the current recession

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As employment has fallen and unemployment levels have risen during the current recession the number of job vacancies has fallen sharply in Alberta: they fell 39% between the second quarter of 2015... More ≫

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As employment has fallen and unemployment levels have risen during the current recession the number of job vacancies has fallen sharply in Alberta: they fell 39% between the second quarter of 2015 and the second quarter of 2016.

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Alberta jobs plan : building an economy for the future

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Outlines the key components of the Government of Alberta’s Alberta Jobs Plan, which includews: investment in infrastructure; diversification of the province’s economy; support for small- and... More ≫

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Outlines the key components of the Government of Alberta’s Alberta Jobs Plan, which includews: investment in infrastructure; diversification of the province’s economy; support for small- and medium-sized businesses; improvement of access to capital, encouragement of investment and expansion of market options; and the provision of new training opportunities for Albertans while protecting services for families.

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How the current slowdown is affecting Alberta’s municipalities – September update

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The current economic recession has resulted in rapidly rising unemployment and a surge in the number of Employment Insurance beneficiaries in Alberta. The hardest hit municipalities are those that... More ≫

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The current economic recession has resulted in rapidly rising unemployment and a surge in the number of Employment Insurance beneficiaries in Alberta. The hardest hit municipalities are those that depend on the oil and gas services sector which saw the largest employment losses during the past year or on sectors that in turn depend on the oil and gas sector such as construction, manufacturing and engineering services. The wildfires in the Wood Buffalo area have led to sharp increases in EI beneficiaries in May and June.

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How are Alberta’s largest manufacturing sectors faring in the current recession?

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Alberta’s manufacturing sector is currently in recession as a result of the dramatic drop in crude oil prices. Lower oil prices have translated into much lower selling prices of refinery products... More ≫

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Alberta’s manufacturing sector is currently in recession as a result of the dramatic drop in crude oil prices. Lower oil prices have translated into much lower selling prices of refinery products and are causing oil and gas companies to drastically lower their capital spending which translates into reduced demand for machinery and equipment produced by Alberta’s manufacturing and fabricated metals sectors.

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International travel final report : Minister Deron Bilous' mission to Washington, D.C, February 3-5, 2016

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Reports on the travel of the Honourable Deron Bilous, Minister of Economic Development and Trade, to Washington, D.C. The purpose of the trip was to re-establish links with the United States... More ≫

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Reports on the travel of the Honourable Deron Bilous, Minister of Economic Development and Trade, to Washington, D.C. The purpose of the trip was to re-establish links with the United States government, explore economic development opportunities, and promote renewed Alberta-U.S. relations on a variety of files.

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International travel final report : Minister Deron Bilous, mission to San Francisco, California, June 4-9, 2016

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Reports on the travel of the Honourable Deron Bilous, Minister of Economic Development and Trade, to the annual Biotechnology Innovation Organization International Convention held in San Franciso,... More ≫

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Reports on the travel of the Honourable Deron Bilous, Minister of Economic Development and Trade, to the annual Biotechnology Innovation Organization International Convention held in San Franciso, California. The convention is the world's largest global biotechnology event.

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Capital investment in Alberta to decline again in 2016

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Capital investment was the largest contributor to Alberta’s economic growth between the mid-nineties and 2014. However, low oil and gas prices resulted in declining capital investment in Alberta... More ≫

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Capital investment was the largest contributor to Alberta’s economic growth between the mid-nineties and 2014. However, low oil and gas prices resulted in declining capital investment in Alberta in 2015 and capital investment is expected to remain a drag on economic growth in 2016 as energy investment continues to decline.

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International travel final report : Minister Bilous mission to Asia, March 18-31, 2016

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Reports on the travel of the Honourable Deron Bilous, Minister of Economic Development and Trade to Hong Kong, China and Korea , to help the Government of Alberta deliver on its international... More ≫

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Reports on the travel of the Honourable Deron Bilous, Minister of Economic Development and Trade to Hong Kong, China and Korea , to help the Government of Alberta deliver on its international priorities, including diversifying markets for products and services in the energy, environment, agriculture and innovation sectors.

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Value of Building Permits in Alberta

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This Alberta Official Statistic describes the monthly value of building permits in Alberta. Residential and Non-Residential are the two categories used in the analysis.

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