Presentation for abc technologies june 2012Presentation Transcript
Questions to consider... • Is Alberta’s economy diversified? • Why bother? • Diversity by export market? • Can diversity be “created”? • Do we need to move up value-add?
Diversify for diversity’s sake?
Can Government Policy Induce Diversity?FEDERALDepartment of Regional Economic Expansion (DREE) – 1969Department of Regional Industrial Expansion (DRIE)1987• Atlantic Canada Opportunities Agency (ACOA)• Western Economic Diversification Canada (WEDC)• Federal Economic Development Northern Ontario (FEDNOR)ALBERTA- programs for direct ownership of industry (1970s and 1980s)- Proposals for an Industrial and Science Strategy for Alberta 1985 to1990- The Alberta Advantage in the 2000s- ???
Moving up the Value Chain
Summary: Chasing the Holy Grail? 1. worth it, but not easy 2. Alberta more diversified within its energy resources 3. gov’t efforts have been underwhelming 4. non-market sectors and design-oriented industries offer promise