DOCSLIB.ORG

Highlights of the Alberta Economy

Total Page：16

File Type：pdf, Size：1020Kb

Download full-text PDF Read full-text
Highlights of the Alberta Economy Table of Contents . Economic Highlights . Doing Business in Alberta – Growth – Competitiveness – Economic prosperity – Entrepreneurship – Attractive Investment Climate – Research and Development – Exports – Government – Competitive Corporate Taxes . A Diversified and Resource- – Provincial and State Corporate based Economy Taxes – Energy – Educated Work Force – Agriculture – Manufacturing – Advanced Technology Broadband Usage – Financial Services – Tourism Table of Contents . Working in Alberta . Online Resources – Strong Labour Market – Low Personal Taxes – Family Income – Standard of Living . Living in Alberta – People – Education – Quality Education – Health Care – Arts and Culture – Donations and Volunteerism Alberta: The Best Place to Live, Work and Do Business Alberta: The Best Place to Live, Work and Do Business . Alberta’s borders touch the Canadian Rocky Mountains to the west, the vast prairies to the east, the United States to the south and the Canadian arctic to the north. On average, the province’s 4.3 million people are the youngest of all Canadian provinces, with a median age of 36.3 years. 68.7 per cent of the Alberta’s labour force aged 25 years and older is holding a post-secondary degree, diploma or certificate. Even though Alberta’s economy was in recession in 2016, Alberta still led the nation in economic growth during the past 20 years. Alberta’s international airports in Edmonton and Calgary provide excellent air service to both domestic and international destinations. To promote its presence in key markets, Alberta operates 12 international trade and investment offices, including nine in Alberta’s second-largest market, Asia. Economic Highlights Did You Know? . In 2016, per capita investment in Alberta was $14,606, more than twice the national average of $6,579. Alberta’s oil sands account for about eight per cent of Canada’s overall Green House Gases emissions and Canada is responsible for 1.6 per cent of global emissions. Although the oil and gas sector remains Alberta’s largest industry, accounting for 16 per cent of its GDP, the province’s GDP shares of other sectors, such as construction, real estate, finance and insurance, and business and commercial services grew significantly between 1986 and 2016. In 2016, Alberta’s population grew by 73,200 or 1.8 per cent - the highest provincial rate of increase. Economic Highlights Growth . In 2016, almost 2.3 million Albertans were employed, international merchandise exports were $79 billion, and investment totaled $62 billion. Between 2006 and 2016, Alberta accounted for 22 per cent of Canada’s population growth. In fact, Alberta’s population increase of 24 per cent over that period was the largest increase of any province or state in North America. The Alberta economy contracted by 3.8 per cent in 2016, as a result of the recent oil and gas price declines which have led to sharply lower capital investment by oil and gas companies. Alberta’s economy has started to grow again and all private sector forecasters are expecting Alberta’s economy to be one of the top two provinces in economic growth in 2017. Economic Highlights Growth Growth In Selected Indicators: 2006 - 2016 Per Cent Change 24.3 Population 11.4 18.4 Employment 10.3 16.5 GDP 16.3 Alberta Merchandise 1.4 Canada Exports 14.0 8.8 Investment 20.8 Source: Statistics Canada and Alberta Economic Development and Trade Economic Highlights Economic Prosperity . Alberta’s diverse economy provides the broad-based growth that is crucial to sustaining stable, long-term economic growth. The oil and gas and mining sector accounts for 16.4 per cent of the province’s Gross Domestic Product (GDP), compared with 23.2 per cent in 1986. Other sectors have shown considerable growth over the past three decades. From 1986 to 2016 the following non-energy sectors grew strongly: • Construction sector from a 7.0 per cent share of GDP in 1986 to 10.1 per cent in 2016; • The finance and insurance and real estate sectors from 13.5 per cent to 16.5 per cent; and • Business and commercial services sector from 6.6 per cent to 11.8 per cent. Economic Highlights Economic Prosperity Economic Diversity: 1986 Economic Diversity: 2016 Percentage Distribution of GDP Percentage Distribution of GDP Total GDP: $59.6 Billion* Total GDP: $309.1 Billion* Construction Agriculture & Forestry Construction 7.0% Agriculture & 10.1% Oil & Gas & 4.6% Oil & Gas & Mining Forestry 1.8% Mining 16.4% Health Care 4.5% 23.2% Health Care 6.3% Education 4.5% Manufacturing 6.7% Public Administration Education 4.1% 5.8% Finance & Transportation Insurance 4.8% Manufacturing 6.9% & Utilities Public 6.6% Retail & Wholesale Administration 9.7% 5.4% Transportation & Business & Tourism & Consumer Utilities 9.2% Retail & Commercial Services 4.6% Wholesale Services 11.8% Business & Commercial 9.5% Finance, Insurance & Services 6.6% Tourism & Real Estate** 13.5% Consumer Real Estate Services 5.1% 11.7% * Current dollar GDP at market prices ** No further breakdown of the Finance & Insurance & Real Estate sectors is available for 1986 Sources: Statistics Canada, Alberta Treasury Board and Finance and Alberta Economic Development and Trade Economic Highlights Attractive Investment Climate . Alberta has the second highest per capita investment among the provinces, just behind Newfoundland and Labrador. In 2016, per capita investment in Alberta was $14,606, more than twice the national average of $6,579. Non-residential investment declined by 18 per cent in 2016 to $62 billion because of falling oil and gas investment, which resulted from a sharp decline in oil and gas prices. Oil and gas investment is expected to grow by about 2 per cent in 2017 because of rising investment in conventional oil and gas projects. Investment is expected to recover and be one of the major drivers of Alberta’s economic growth over the long term, driven by investment in oil sands development, manufacturing, infrastructure and business services. The Government of Alberta’s $34.8-billion infrastructure program in the Jobs Plan is helping stimulate the economy, keep people working and address the province’s infrastructure deficit. Economic Highlights Attractive Investment Climate Per Capita Investment* (2016) Newfoundland & Labrador $19,165 Alberta $14,606 Saskatchewan $12,216 Manitoba $7,748 Canada $6,579 British Columbia $5,812 Ontario $4,860 Quebec $4,392 New Brunswick $4,353 Nova Scotia $4,067 Prince Edward Island $3,894 * Investment in new housing is not included in these estimates Sources: Statistics Canada and Alberta Economic Development and Trade Economic Highlights Exports . In 2016, Alberta exported $78.8 billion worth of goods to 187 countries, a decrease of 15 per cent from 2015. Alberta’s drop in exports in 2016 can be attributed mostly to much lower prices for crude oil and natural gas. Alberta also exports an increasing amount and variety of manufactured products such as petrochemicals, food products, and metals and machinery. Although manufacturing exports have declined during the recent recession to $21.6 billion in 2016, they are still 6 per cent higher than they were in 2006. Exports of crops and livestock rose 64 per cent between 2006 and 2016, while processed food exports increased by 80 per cent. Economic Highlights Exports Alberta’s Major Exports 2016 Total Merchandise Exports - $78.8 Billion* Crude Petroleum 43.2 Petrochemicals 7.9 Gas and Gas Liquids 7.4 Crops & Livestock 5.1 Processed Food & Beverages 4.7 Forestry Products 2.9 Metals & Machinery 2.8 Refined Petroleum Products 1.2 Electronic & Electrical Products 0.7 $ Billions Transportation Equipment 0.7 Others 2.2 * Exports of services are not included in this estimate Sources: Statistics Canada and Alberta Economic Development and Trade A Diversified and Resource-based Economy Energy . In 2016, Alberta produced about 80 per cent of Canada’s crude oil and 67 per cent of its natural gas. Alberta has the third largest petroleum reserves in the world, after Venezuela and Saudi Arabia. The Alberta Energy Regulator forecasts that production of upgraded and non-upgraded bitumen from oil sands will increase by 60 per cent to 3.8 million barrels per day by 2025, up from 2.4 million barrels per day in 2015. In 2016, gross revenues from all hydrocarbons were $56.8 billion, with revenues of synthetic crude oil and bitumen from the oil sands accounting for 63.5 per cent of the total. In 2016, energy resource exports totaled $51 billion, accounting for almost two-thirds of Alberta’s total commodity exports that year. A Diversified and Resource-based Economy Energy Alberta’s Energy Revenues 2016 Alberta’s Energy Exports 2016 Total: $56.8 Billion Total: $51.0 Billion Coal and Natural Gas Coal and Conventional Natural Gas & Sulphur & Gas Sulpur Crude Oil Gas Liquids 0.8% Liquids 1.4% 13.3% 14.5% 21.8% Oil Sands 63.5% Crude Oil 86.1% Sources: Statistics Canada, Alberta Energy Regulator, Alberta Economic Development and Trade A Diversified and Resource-based Economy Environment . Alberta is implementing a world-class, integrated and science-based environmental monitoring system to deliver comprehensive and transparent monitoring for air, land, water and biodiversity across the province, starting in the oil sands region. The Alberta government has committed $1.3 billion to commercial scale carbon capture and storage projects. Our $1.3 billion fund is one of the largest commitments to this technology in the world…from a province of just over four million people. The Government of Alberta has set a firm renewable energy target to ensure 30 per cent of electricity used in Alberta will come from renewable sources, such as wind, hydro and solar by 2030 in order to protect the province’s health, environment and economy. A Diversified and Resource-based Economy Agriculture . Alberta has one of the world’s most productive agricultural economies, with a total farm area of 50.3 million acres or 20.3 million hectares.
Load more

Recommended publications
  • Tourism and Recreation System Planning in Alberta Provincial Parks
    TOURISM AND RECREATION SYSTEM PLANNING IN ALBERTA PROVINCIAL PARKS Paul F.J. Eagles The objective of this research is to fi ll this policy gap Department of Recreation and Leisure Studies through the development of the tourism and recreation University of Waterloo components of the system plan for Alberta Parks and Waterloo, ON, Canada N2L 3G1 Protected Areas. [email protected] Angela M. Gilmore 1.0 INTRODUCTION University of Waterloo Adrian and Adrian (1998) defi ne system planning as Luis X. Huang “an organized approach to macro-level planning. It is Sun Yat-sen University not a new concept, but builds on existing knowledge and approaches. System planning is a framework for Denise A. Keltie understanding and using systems ideas. It is also a University of Waterloo vehicle for convincing others. It is much more than data Kimberley Rae gathering. It must be a dynamic process.” Generally, University of Waterloo a system plan provides direction and guidance for all components within a protected area’s organization and Hong Sun the coordination of protected areas with other aspects of University of Waterloo land use, resources management, and social development Amy K. Thede in the region. A system plan includes the history, present University of Waterloo condition, and future plan for the protected areas (Adrian Meagan L. Wilson & Adrian 1998). University of Waterloo System planning is important to the management and Jennifer A. Woronuk development of broad geographical areas. When applied University of Waterloo to parks and protected areas, system planning provides Ge Yujin guidance on mechanisms, institutions, and procedures to University of Waterloo coordinate the balance of land use and social development across a system of protected areas (Adrian & Adrian Abstract.—Traditionally, system planning in parks and 1998).
    [Show full text]
  • Indigenous Tourism Alberta Strategy 2019-2024 Strengthening Alberta’S Indigenous Tourism Industry
    Indigenous Tourism Alberta Strategy 2019-2024 Strengthening Alberta’s Indigenous Tourism Industry Indigenous Tourism Alberta Strategy 2019 – 2024 | 1 Table of Contents Message from the ITA Board Chair and Executive Director ................................................................................................... 3 Message from the Minister ...................................................................................................................................................... 4 Introduction to the Strategy ..................................................................................................................................................... 5 Organizational Overview ......................................................................................................................................................... 7 Our Guiding Principles ............................................................................................................................................................ 9 Tourism Industry Context ...................................................................................................................................................... 10 Visitor Demand for Indigenous Tourism Experiences ........................................................................................................... 11 Alberta Indigenous Tourism Product Analysis ...................................................................................................................... 13 Understanding
    [Show full text]
  • Effectiveness of COVID-19 Vaccines Against Variants of Concern, Canada
    medRxiv preprint doi: https://doi.org/10.1101/2021.06.28.21259420; this version posted July 3, 2021. The copyright holder for this preprint (which was not certified by peer review) is the author/funder, who has granted medRxiv a license to display the preprint in perpetuity. It is made available under a CC-BY-NC-ND 4.0 International license . Effectiveness of COVID-19 vaccines against variants of concern, Canada Authors: Sharifa Nasreen PhD1, Siyi He MSc1, Hannah Chung MPH1, Kevin A. Brown PhD1,2,3, Jonathan B. Gubbay MD MSc3, Sarah A. Buchan PhD1,2,3,4, Sarah E. Wilson MD MSc1,2,3,4, Maria E. Sundaram PhD1,2, Deshayne B. Fell PhD1,5,6, Branson Chen MSc1, Andrew Calzavara MSc1, Peter C. Austin PhD1,7, Kevin L. Schwartz MD MSc1,2,3, Mina Tadrous PharmD PhD1,8, Kumanan Wilson MD MSc9, and Jeffrey C. Kwong MD MSc1,2,3,4,10,11 on behalf of the Canadian Immunization Research Network (CIRN) Provincial Collaborative Network (PCN) Investigators Affiliations: 1 ICES, Toronto, ON 2 Dalla Lana School of Public Health, University of Toronto, Toronto, ON 3 Public Health Ontario, ON 4 Centre for Vaccine Preventable Diseases, University of Toronto, Toronto, ON 5 School of Epidemiology and Public Health, University of Ottawa, ON 6 Children’s Hospital of Eastern Ontario Research Institute, Ottawa, ON 7 Institute of Health Policy, Management and Evaluation, University of Toronto, Toronto, ON 8 Women’s College Hospital, Toronto, ON 9 Department of Medicine, University of Ottawa, Ottawa and Bruyere Hospital Research Institutes, Ottawa, ON 10 Department of Family and Community Medicine, University of Toronto, Toronto, ON 11 University Health Network, Toronto, ON Corresponding author: 1 NOTE: This preprint reports new research that has not been certified by peer review and should not be used to guide clinical practice.
    [Show full text]
  • Tourism in Alberta 2011
    Tourism in Alberta 2011 A Summary of 2011 Visitor Numbers and Characteristics June 2013 Alberta 2011 Due to methodological changes to the 2011 Travel Survey of Residents of Canada, there is a historical break in the data series. Therefore, commencing in 2011, data for Alberta and Other Canada may not be compared with previous years. Introduction Whether to see their friends and relatives, for business, or for pleasure, 35.3 million person-visits were made in 2011 to destinations in Alberta by residents of Alberta, and from other parts of Canada, the United States, and overseas countries. This includes same day and overnight trips for Albertans and residents of other parts of Canada, and overnight trips only for U.S. and overseas visitors. To better understand the volume and characteristics of these visitors, Alberta Tourism, Parks and Recreation has prepared a special analyses of the 2011 Travel Survey of Residents of Canada (TSRC) and the 2011 International Travel Survey (ITS) which are both conducted by Statistics Canada. These consumer surveys provide tourism information for travel in Alberta by Canadians and trips to the province made by U.S. and overseas visitors. This summary highlights key findings only. For more information on tourism in Alberta, please contact Alberta Tourism, Parks and Recreation or visit www.tpr.alberta.ca Who Travels in Alberta? All trips: More visits in Alberta are made by residents Origin of Person-Visits in Alberta in of Alberta than by other Canadians, U.S. and 2011 overseas visitors. Of the 35.3 million person-visits in (N = 35.3 Million Person-Visits) the province, 30.4 million (86%) were by Albertans.
    [Show full text]
  • Regular Council Meeting Minutes September 17, 2018
    Town of Drumheller COUNCIL MEETING MINUTES September 17, 2018, 2018 at 4:30 PM Council Chamber, Town Hall 224 Centre Street, Drumheller, AB, T0J 0Y4 PRESENT: MAYOR: Heather Colberg COUNCIL: Kristyne DeMott Jay Garbutt Lisa Hansen-Zacharuk Tony Lacher Fred Makowecki CHIEF ADMINISTRATIVE OFFICER: Darryl Drohomerski DIRECTOR OF CORPORATE SERVICES: Barb Miller ACTING DIRECTOR OF COMMUNITY SERVICES: Darren Goldthorpe DIRECTOR OF PROTECTIVE SERVICES: Greg Peters RECORDING SECRETARY: Linda Handy ABSENT: Councillor Tom Zariski 1.0 CALL TO ORDER Mayor Heather Colberg called the meeting to order at 4:30 PM. 2.0 MAYOR'S OPENING REMARK Mayor Heather Colberg announced that the Council Committee Meeting scheduled for September 24th, 2018 will be cancelled. 3.0 PUBLIC HEARING 4.0 ADOPTION OF AGENDA Addition to Agenda: 14.1 Labour Matter (FOIPP Section 23 – Local Public Body Confidences) MO2018.153 Lacher, Hansen-Zacharuk moved to adopt the agenda as amended. Carried Unanimously. Page 1 of 7 Regular Council Meeting Minutes September 17, 2018 5.0 MINUTES 5.1. ADOPTION OF REGULAR COUNCIL MEETING MINUTES 5.1.1 Regular Council Meeting Minutes of September 4, 2018 MO2018.154 Hansen-Zacharuk, Makowecki moved to approve the Regular Council Meeting Minutes of September 4, 2018 as presented. Carried Unanimously. 5.2. MINUTES OF MEETING PRESENTED FOR INFORMATION 5.3. BUSINESS ARISING FROM THE MINUTES 6.0 DELEGATIONS 6.1 Red Deer River Municipal Users Group (RDRMUG) K. Ryder, Executive Director – RDRMUG provided background information on the formation of the Red Deer River Municipal Users Group. He explained that RDRMUG (MUGs) was created in 2005 with then Mayor of Drumheller, Paul Ainscough along with 36 member municipalities that border the Red Deer River Basin or receive their water supply from it, which encompasses approximately 300,000 people.
    [Show full text]
  • Canadian Identity and Symbols
    Canadian Identity and Symbols PRIDE IN BEING CANADIAN. Canadians have long What is it about Canada that gives people the greatest sense expressed pride in their country, and this sentiment remains of pride? First and foremost, Canadians identify their country strong in 2010. Three-quarters (74%) say they are very proud as being free and democratic (27%), consistent with what to be Canadian, with most of the remainder (21%) somewhat they have identifed since 1994. Other reasons include the proud. The level of pride expressed has remained notably quality of life/standard of living (10%), Canadians being a consistent over the past 25 years. humanitarian and caring people (9%), the health care system (6%) and multiculturalism (6%). These are essentially the As before, there continues to be notable diference in same top reasons that Canadians have been giving since strong pride between Quebecers (43%; with another 43% 1994. Since 2006, focus on quality life has increased (up 7 somewhat proud) and those living elsewhere in Canada points) while multiculturalism has declined (down 5). (84% very proud). Across the population, strong pride in being Canadian increases modestly with household income and with age (only 66% of those 18-29, compared with 80% Basis of pride in being Canadian Top mentions 1994 - 2010 who are 60 plus). Place of birth, however, does not seem to matter, as immigrants (76%) are as likely as native born (73%) 1994 2003 2006 2010 to feel strong pride in being Canadian. Free country/freedom/democracy 31 28 27 27 Quality of life
    [Show full text]
  • Kalyna Country Tourism Development Strategy
    KALYNA COUNTRY TOURISM DEVELOPMENT STRATEGY Table of Contents EXECUTIVE SUMMARY ..............................................................................................................5 INTRODUCTION ........................................................................................................................10 Background..........................................................................................................................10 Project Objectives................................................................................................................11 Process Overview................................................................................................................11 SITUATION ASSESSMENT: Where are we now? ....................................................................16 Study Area...............................................................................................................................17 Themes ...................................................................................................................................18 Lures and Clusters: Kalyna’s Tourism Resource ....................................................................19 Key Attractions and Clusters ...............................................................................................19 Market Analysis .......................................................................................................................27 Trends in Alberta Tourism ...................................................................................................27
    [Show full text]
  • Visiting Friends and Relatives in Alberta Study (2016)
    Visiting Friends and Relatives in Alberta Study (2016) Qualitative Report for Alberta Culture and Tourism Produced by TNS Canada Report Date: July 27, 2016 Visiting Friends and Relatives in Alberta Study 2016 Report Date: 07.27.2016 Table of Contents 1. Executive Summary 3 1.1. Highlights 3 1.2. Opportunities 4 2. Foreword 6 2.1. Background 6 2.2. Research Objectives 6 2.3. Defining VFR 7 2.4. Methodology 7 2.5. Interpretive Notes 9 2.5.1. Projectability 9 2.5.2. Confidentiality, Release of Individual Comments and Reporting 9 3. Detailed Findings 10 3.1. Living In Alberta 10 3.2. Perspectives on Hosting VFR 10 3.3. Visits 11 3.3.1. Characteristics of Visits 11 3.3.2. Planning 12 3.3.3. Role of the Host 13 3.3.4. Activities 13 3.3.5. Highlights 14 3.3.6. Accompaniment 14 3.4. Most Recent Visit 15 3.4.1. Planning 15 3.4.2. Characteristics of Last Visit 17 3.5. Travel Alberta and the Alberta Tourism Industry 17 3.5.1. Travel Alberta 17 3.5.2. Suggestions for Assistance in Hosting Friends and Relatives 18 4. Areas for Further Exploration in Quant Phase 20 Visiting Friends and Relatives in Alberta Study 2016 July 27, 2016 2 1. Executive Summary 1.1. Highlights For the most part, hosting friends and relatives is viewed positively. It almost always is associated with excitement and the opportunity to show off the host’s city or town, their life and their surroundings. Visits are also associated with adventure, escape and luxury.
    [Show full text]
  • Tourism, Parks and Recreation
    Tourism, Parks and Recreation SUMMARY DEPARTMENT There are no new or outstanding recommendations to the Department of Tourism, Parks and Recreation in this report. TRAVEL ALBERTA CEO Travel, Hosting, and Hospitality Expenses Background Travel Alberta is the tourism marketing agency of the Government of Alberta and the nature of its business requires employees to attend various meetings and events in the province and abroad to advance the strategies of the organization. Travel Alberta employees interact with businesses, representatives from other governments, as well as domestic and international organizations involved in tourism-related endeavors. Travel Alberta is funded through a levy that is assessed on hotel bookings in the province. In March 2014 the Minister of Tourism, Parks, and Recreation was questioned in the Legislative Assembly about the appropriateness of expenses incurred by Travel Alberta’s CEO. On March 23, 2014 we were asked by an MLA to investigate various CEO expenses. The expenses raised as questionable included an $8,800 trip to Singapore, $828 for a dinner at a Banff restaurant and a $157 tuxedo rental to attend a black tie event, among others. Afterwards, the Minister of Tourism, Parks and Recreation requested that Travel Alberta engage an independent party to investigate travel, meal and hospitality expenses from September 20, 2012 onward. This review was completed and the results were provided to Travel Alberta in April 2014. The results of the review did not identify any significant matters or misuse of expenses. Travel Alberta updated its travel and hospitality expense policy (effective June 2014) to better conform with the Government of Alberta policy, while retaining the ability to carry out its activities, which includes marketing and promoting Alberta as a tourist destination.
    [Show full text]
  • Alberta's Tourism Strategy
    Alberta’s Tourism Framework: 2013-2020 ALBERTA’S TOURISM FRAMEWORK: 2013-2020 Prepared by: Alberta Tourism, Parks and Recreation and Travel Alberta October 2013 Alberta Tourism, Parks & Recreation Travel Alberta Alberta’s Tourism Framework: 2013-2020 Message from Minister of Alberta, Tourism, Parks and Recreation As Albertans know, and visitors quickly realize, Alberta is one of the most breathtaking places on earth. Our province is as vast as it is varied in landscape and experiences. We are a four-season destination with so much to offer; the iconic Canadian Rocky Mountains, the alluring Canadian Badlands, peaceful prairies, placid lakes, a diverse cultural history and vibrant urban and rural centres. Tourism plays a vital role in showcasing our province to the world and provides those of us fortunate enough to live here with memorable experiences to share with friends and family. Our tourism industry also has great potential to diversify Alberta’s economy, which is why growing our tourism industry by 32 per cent – from $7.8 billion to $10.3 billion – by 2020 is key to building Alberta. Alberta’s tourism industry is complex, with many organizations in both the public and private sector involved. To grow the industry and maximize the opportunities tourism creates in every region of the province, we need a common vision, goal, and priorities to guide us. We need a plan. The Alberta Tourism Framework is about trading industry competition for collaboration – unifying and focusing our efforts to meet the needs of travellers from Alberta, Canada and around the world. Thank you to everyone who contributed to developing the Alberta Tourism Framework.
    [Show full text]
  • Attach 15-Tourism Calgary-CPS2020-1051
    ISC:UNRESTRICTED CPS20 CIVIC PARTNER 2019 ANNUAL REPORT SNAPSHOT- TOURISM CALGARY-CONVENTION AND VISITORS BUREAU 20 - 1051 TOURISM CALGARY-CONVENTION AND VISITORS BUREAU (TOURISM CALGARY) 2019 City Investment Attachment Mandate: Increase the economic impact of the tourism economy to Calgary. Operating Grant:$2,703,665 Mission: Inspire more people to visit Calgary for memorable experiences. Special Events Fund: $466,000 Vision: To be the Ultimate Host City. City owned asset? No 1 5 2019 Results Visitors to Calgary Economic Impact of Visitors Effective Industry Champion (billions) 10,000,000 100% 90% 90% 93% 7,700,000 $3.0 8,000,000 6,983,700 7,300,000 80% $2.5 6,000,000 $2.0 $2.5 60% 4,000,000 $1.5 $2.0 40% Billions $1.0 $1.6 2,000,000 $0.5 20% 0 $0.0 0% 2017 2018 2019 2017 2018 2019 2017 2018 2019 The story behind the numbers • Leisure travel continued to grow in Calgary. • Tourism Calgary had overwhelming support of its stakeholders and achieved a record number of paid partners (733) in 2019. • Additionally, 86 per cent of Calgarians believe tourism is an important contributor to Calgary’s economy and quality of life • Launched a White Hat academy in 2019, a digital training program for frontline ambassadors. 780 graduated from the program in 2019. Current state 2020: COVID-19 impact • Impact of COVID-19 on the tourism industry resulted in decreased funding from the Calgary Hotel Association. Funding in 2021 will be reduced by 84 per cent, significantly impacting Tourism Calgary’s work.
    [Show full text]
  • 2020-21 Canada-Saskatchewan Integrated Student Loan Handbook
    Canada-Saskatchewan Integrated Student Loan Handbook Canada-Saskatchewan Integrated Student Loans Program Important Steps in Planning and Financing Your Post-Secondary Education 2020-21 saskatchewan.ca/studentloans | www.canada.ca Table of Contents Introduction . 1 New in 2020-21 . 1 Eligibility Criteria . 2 Residency . .2 Student Categories. .2 Canada and Saskatchewan Student Grants . 3 Assistance and Benefits . 3 Maximum Weekly Levels of Assistance. .4 Additional Assistance for Low-Income Students with Dependents . .4 Grants for Students with Permanent Disabilities . 5 Applying for Full-Time Student Financial Assistance . 6 Uploading Documents ...................................................................6 How Assistance is Calculated . 7 Allowable Expenses ......................................................................7 Expected Contributions ..................................................................8 Student Financial Assistance for Part-Time Studies . 11 Canada Student Loans for Part-Time Studies ........................................... 11 Canada/Saskatchewan Student Grant for Part-Time Studies ............................ 11 Canada Student Grant for Part-Time Students with Dependants ........................ 11 Receiving Your Funds . .12 Your First Student Loan Application .................................................... 12 Maintaining Your Eligibility While in School . .13 Your Responsibilities ................................................................... 13 Keeping Government Student Loans Interest-Free.
    [Show full text]