This new agency, an \u0022arms\u002Dlength\u0022 crown corporation, will direct the activities of the international offices and expand the province\u0027s presence in markets, such as New York
Alberta already has a wing of the Economic Development Ministry called Invest Alberta, which runs offices in a dozen cities around the world. This new agency, an “arm’s-length” Crown corporation, will direct the activities of the international offices and expand the province’s presence in markets such as New York.
“We must redouble our efforts to generate new sources of revenue to keep our economy moving,” said Fir.This advertisement has not loaded yet, but your article continues below.“Alberta’s economic recovery will count heavily on new private capital investment,” Fir added. Fir also announced that Dave Rodney would take over the new Alberta trade office in Houston. Rodney, a long-time Progressive Conservative member of the legislature, gave up his seat in 2017 so that Jason Kenney could run in a byelection after becoming leader of the United Conservatives.
Attracting much-needed investment has been a key goal of Kenney’s government. In the year or so since the UCP assumed power, the province has seen the collapse of oil prices, increased pipeline struggles and the outbreak of the new coronavirus, culminating in the worst employment and economic prospects since the Great Depression.Article content continued
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