Alberta Ministry of Jobs, Economy and Trade

The #Alberta Advantage is driving economic growth. Alberta’s business-friendly environment, diverse sectors, strong labour force and livable cities set the stage for a prosperous #economy in the second quarter of 2024. Over the last three months, the province has been a magnet for high impact capital investments and new business formations. As Alberta’s economy continues to attract investment, grow and diversify, jobs are being created across industries and throughout the province. In the second quarter, 75,000 more workers were employed across a range of sectors when compared to the same period last year. In the first six months of 2024, Alberta had a record level of new business incorporations, up 12.8% from last year, the highest provincial growth in Canada.   According to the CIBC’s latest Economic Forecast, by 2025, with its rich resources and innovative spirit, Alberta is poised to drive significant economic growth and to set a new standard for prosperity and leadership in the global marketplace. Learn more: https://lnkd.in/g_5NWs6E

#Alberta continues to drive job gains in Canada. Our province added 8,100 new jobs in June, bringing the total of employed Albertans to 2,525,200. These gains represented an increase of 0.3% month over month, while the national employment declined. Alberta has accounted for 19.5% of all the job gains in the country over the last twelve months. Alberta’s continued job gains are important for our province’s rapidly growing population and are critical to helping to meet labour needs in sectors across our economy.

Minister Jones will travel to London from June 24 – July 1 to meet with leaders in the U.K. business and investment community to promote #Alberta as a beneficial trade partner, desirable destination to invest and great place to live and work. https://lnkd.in/gSB_DnAg

Thank you to all the students that took the time to make a video for the SafeGen Youth Workplace Safety Video Contest. We have our winners! Huge shoutout to the judging panel that took time out of their day to watch all the entries and come back with a top three. Announcement video: https://loom.ly/SILJ8sY You can find the judging panel here: https://loom.ly/kAkrDHM

Alberta’s screen-based sector is growing, and we’re making improvements to our Film and Television Tax Credit (FTTC) program to keep that momentum going!   These FTTC updates enhance the competitiveness of our program expand eligible production genres, promote filming across all regions of our province and streamline administrative processes. Learn more: https://lnkd.in/gr4P_-6k

The Alberta Site Selector Tool can help Alberta municipalities raise the profile of their communities as a destination of choice for job-creating business and investment. This user-friendly tool combines available property listings in communities across Alberta with insights on local economic conditions, industry data and proximity to crucial infrastructure. Check it out here: https://lnkd.in/giJS_yqB

Today we celebrate Early Childhood Educator Day in Alberta and recognize the critical role educators have in supporting the growth and development of children across the province. The work you do matters and will have a positive impact on generations to come.

Today, ministers Matt Jones, CFA and Randy Boissonnault announced that more than $78 million is being invested through the Early Learning and Child Care Infrastructure Fund to support the creation of high-quality, affordable and inclusive child-care spaces where Alberta families need them most. This funding will help bolster Alberta’s efforts to create new spaces in underserved locations, particularly in rural and remote communities across the province, while we work towards achieving $10 per day child care by 2026.

#Alberta’s labour market is continuing to grow on the heels of a strong start in the first quarter of 2024. In April, employment rose to 2,537,500, an increase of 10,600 since March and up 92,100 when compared to the same time last year. In fact, 6,100 of those jobs in April were in Alberta’s private sector. Full time jobs also showed strong year-over-year growth with 2,067,700 full time jobs in April – when compared to the same month last year, this represented a jump of 63,800 new jobs and a 3.2 per cent increase. 

Alberta’s government is helping equip first responders and other emergency workers with the tools and resources they need to manage post-traumatic stress injuries (PTSIs). Learn more at https://lnkd.in/g-TzFtd4 Police officers, peace officers, correctional workers, paramedics and firefighters suffer PTSIs at significantly higher rates than the general population. Through the Supporting Psychological Health in First Responders program, Alberta’s government is providing a total of $1.5 million to 13 non-profit organizations and six researchers.   These organizations provide crucial services to first responders and emergency workers living with or at risk for post-traumatic stress injuries (PTSIs) as well as conducting groundbreaking research aimed at improving treatment and prevention programs.   For more information about the program and funded projects, visit https://lnkd.in/gDTvEs5U