I have reviewed Alberta’s budget carefully. I recognize that choices need to be made. I am deeply concerned by the lack of focus and financial support being given to the exciting innovation prospects being developed in Alberta.
As you know, I’m co-leading an initiative called Alberta 2.0 which is endeavouring to focus our strengths in Clean Tech Energy, Agri-food, and Healthcare in order to diversify our economy. We need to get off the rollercoaster of oil and gas revenues.
In order for innovation to be successful, the government needs to an active supporter in this initiative. While tremendous work and leadership are being provided by government, I believe that Budget 2017 missed an opportunity to provide additional monies to Alberta Innovates to allow them to do the work that needs to be done to foster the diversification of our economy.