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	<title>Conference on Alberta&#039;s Future &#187; Michael Percy</title>
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	<link>http://albertasfuture.ca</link>
	<description>February 5-6, 2010 in Edmonton</description>
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		<title>Balanced Economic Growth</title>
		<link>http://albertasfuture.ca/2010/02/balanced-economic-growth/</link>
		<comments>http://albertasfuture.ca/2010/02/balanced-economic-growth/#comments</comments>
		<pubDate>Mon, 08 Feb 2010 23:21:13 +0000</pubDate>
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				<category><![CDATA[Conference Report]]></category>
		<category><![CDATA[Conference on Alberta's Future]]></category>
		<category><![CDATA[Economic Growth]]></category>
		<category><![CDATA[Michael Percy]]></category>

		<guid isPermaLink="false">http://albertasfuture.ca/?p=95</guid>
		<description><![CDATA[Have Alberta’s policies and actions adequately mitigated swings between booms and busts?]]></description>
			<content:encoded><![CDATA[<p><strong>Have Alberta’s policies and actions adequately mitigated swings between booms and busts?  Have these policies and actions facilitated the efficient and responsible development of Alberta’s energy resources, including the transition to a greater emphasis on renewable resources?  Do these policies and actions adequately harness Science, Technology and Innovation to provincial objectives such as economic growth and quality services?</strong></p>
<p>Speaker: <a href="http://www.business.ualberta.ca/Programs/ExecutiveEducation/Instructors/MichaelBPercy.aspx">Michael Percy – Dean, School of Business at the University of Alberta</a></p>
<p>
    http://documents.scribd.com.s3.amazonaws.com/docs/h92g25821e11r0g.ppt?t=1265670681
  </p>
<p><strong><span style="text-decoration: underline;">Session Summary:</span></strong></p>
<p><em>Do we accept the speaker’s assessment of Alberta’s performance in this area? If not, what is our assessment?</em></p>
<ul>
<li>General agreement with speaker’s “B” (economic) and “B-” (social) although some thought assessment was too generous</li>
<li>In some places the boom may have already started again (Fort McMurray)</li>
</ul>
<p><em>Do we agree with the proposed solutions and alternatives? If not, how would we alter them?</em></p>
<ul>
<li>General agreement that social infrastructure / quality of life / sense of community required to keep talent in Alberta but need more concrete solutions for rural areas, challenge of urbanization</li>
<li>Some indicated too many government-led solutions</li>
<li>Who builds social infrastructure: government?</li>
</ul>
<p><em>What additional ideas, solutions, and alternatives do we think would improve Alberta’s performance in this area?</em></p>
<ul>
<li>Safe place for people to live / raise families is crucial</li>
<li>Recreate Alberta’s image; stand up for the province (not apologetic)</li>
<li>Spend on infrastructure during low economic cycle, focus on maintenance during boom</li>
<li>Balance between government and community decision-making (hybrid solutions)</li>
<li>Empowering social institutions (e.g. churches, community organizations)</li>
<li>More provincial / municipal cooperation, share prosperity across the province</li>
<li>Improve literacy rates, completion rate, focus on engineering</li>
<li>Transfer skill sets from oil and gas industry to other industries</li>
<li>Stable, transparent, regulatory regime for business certainty</li>
<li>Tax incentives to motivate business to take more responsibility, must be a low tax jurisdiction</li>
<li>Alberta residency bonus (some felt economic incentives not effective)</li>
<li>More value-added technology / innovation</li>
<li>Build pipeline to the coast / diversify export markets, stop being price takers, Alberta negotiated trade agreements</li>
</ul>
<p><strong><span style="text-decoration: underline;">Small Group Discussion response forms:</span></strong></p>
<p>
    http://documents.scribd.com.s3.amazonaws.com/docs/h92fx2oklncrruo.pdf?t=1265673149
  </p>
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