AlbertaBETTER

Business Council of Alberta
AlbertaBETTER Podcast

AlbertaBETTER explores the big challenges we face as Albertans, and how business, government, and Albertans can co-create a society where prosperity is created and shared by all. New episodes drop every other Tuesday.

  1. 10 SEPT

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

    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 income tax revenue, they also bring added pressure on health, education, and social services. In another compelling segment, we address the complexities of public sector compensation, which accounts for nearly half of Alberta's provincial budget, as well as how federal budgetary decisions may play a role in shaping Alberta's own budget. Labour Market Transfer Agreements (LMTAs) face significant challenges following the cessation of federal funding, affecting key programs like the Canada-Alberta Jobs Grant.  Listen in as we highlight Alberta's ongoing economic forecast and fiscal strategy, including greater investment in schools and healthcare, the personal income tax cut initiative, the strategic management of the Heritage Fund, and how to prepare for and mitigate the impact of contingencies like natural disasters. Finally, we explore why Alberta continues to attract people despite economic pressures, focusing on its affordability and opportunities.

    21 min
  2. 23 JUL

    The Brief: Snapshot - Summer 2024 Edition

    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 costs. Inflation may be slowing, but the cost of rent has surged nearly 16% over the past year, leaving many feeling financially insecure. Shifts in consumer spending patterns reveal a decline in discretionary spending and an uptick in essential purchases driven by population growth. Our discussion highlights nuanced retail trends, such as increased sales at gas stations and hardware stores, despite a drop in per-person spending. Looking ahead, we delve into Alberta's economic future, discussing projections that consider inflation, interest rates, and population growth. The potential benefits of decreasing inflation and interest rates could provide relief, particularly for homeowners. We highlight the positive impacts of the U.S. economy on Alberta and the importance of accommodating significant population growth through infrastructure investment. Finally, we explore the critical issue of unemployment rates, emphasizing the need for job creation to match the rapid population influx, ensuring newcomers can contribute positively to Alberta's prosperity. ------------ 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. Check out more of our recent work: https://bit.ly/3JG9ifS Check out recent episodes of AlbertaBETTER: https://bit.ly/3bHlfFB Subscribe to our monthly newsletter: https://bit.ly/3BPxDhv Follow us on social media: Twitter: https://bit.ly/3P7pgB0 Facebook: https://bit.ly/3Qx6B2J LinkedIn: https://bit.ly/3QaetHE YouTube: https://bit.ly/3QswqAV

    23 min
  3. 27 JUN

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

    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 drought in Alberta today, how innovation can make us resilient in the face of a crisis and what challenges stand in the way of innovation adoption. Vicki Lightbown’s discussion paper can be read here: http://bit.ly/3h5Lb0k About Vicki Lightbown Vicki Lightbown is the Director for the Water Innovation Program at Alberta Innovates. She is a Professional Engineer with a BSc in Civil Engineering from the University of Calgary. In 2015, Vicki was a recipient of the Young Women in Energy award and in 2016 she was named in the Top 35 under 35 in Canada’s Energy Sector by the Alberta Oil Magazine. In Vicki’s role with Alberta Innovates she works proactively to identify critical technology and knowledge gaps and apply world-class research to develop solutions for some of the biggest water challenges in Alberta.

    15 min
  4. 12 JUN

    C-Suite Unplugged: Brian Boulanger, Chief Executive Officer, ARC Financial Corp.

    Knowing what success looks like is a talent in and of itself, one that extends beyond profit margins and dives deep into the mentalities and approaches of strong management teams and high performing companies. And in the world of private equity, it’s also an immensely important skillset. On this episode, we speak with Brian Boulanger, Chief Executive Officer at ARC Financial Corp. about his journey to the C-Suite, what’s changed in his approach to leadership, and advice for people early in their career. We also get Brian’s 50,000-foot view on the state of capital markets, discuss how Canada is viewed by the global investment community, and look ahead at the future of energy markets and Alberta. ------------ 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. Check out more of our recent work: https://bit.ly/3JG9ifS Check out recent episodes of AlbertaBETTER: https://bit.ly/3bHlfFB Subscribe to our monthly newsletter: https://bit.ly/3BPxDhv Follow us on social media: Twitter: https://bit.ly/3P7pgB0 Facebook: https://bit.ly/3Qx6B2J LinkedIn: https://bit.ly/3QaetHE YouTube: https://bit.ly/3QswqAV

    34 min
  5. C-Suite Unplugged: Jesse Douglas, CEO, Green Impact Partners

    21 MAY

    C-Suite Unplugged: Jesse Douglas, CEO, Green Impact Partners

    “The greatest energy in the world is inspired humans.” The world has come a long way in terms of its energy sources and the united commitment to a low-carbon future. But how do we define “net zero,” and is storing carbon really the right way to be reaching our net zero goals? In this episode, we speak with Jesse Douglas, CEO of Green Impact Partners, about his entrepreneurial spirit, his journey to the C-Suite, and his leadership philosophy across multiple startups. We also discuss the difference between purpose-driven and profit-driven organizations, breakdown the biofuel landscape in Alberta, and revel over the exciting soon-to-be completed project in the Future Energy Park, coming to Calgary in 2026. ------------ 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. Check out more of our recent work: https://bit.ly/3JG9ifS Check out recent episodes of AlbertaBETTER: https://bit.ly/3bHlfFB Subscribe to our monthly newsletter: https://bit.ly/3BPxDhv Follow us on social media: Twitter: https://bit.ly/3P7pgB0 Facebook: https://bit.ly/3Qx6B2J LinkedIn: https://bit.ly/3QaetHE YouTube: https://bit.ly/3QswqAV

    34 min

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AlbertaBETTER explores the big challenges we face as Albertans, and how business, government, and Albertans can co-create a society where prosperity is created and shared by all. New episodes drop every other Tuesday.

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