Colorado-Alberta Relations
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Colorado-Alberta Relations PROFILE average of between $132 and Colorado is known as the $386 million per year to the Capital: Denver "Centennial State" because it economy of Colorado and will joined the union 100 years after preserve or create an average of Population: 5,355,866 (2014 estimate) the signing of the Declaration of 1,400 to 4,200 jobs per year, Language: English (Spanish) Independence. with those workers earning between $63 and $183 million. The state has 58 mountains that Government: Bicameral state government The range of these estimates soar over 14,000 feet. depends on the ability of growing Head of Government: Governor John During the Second World War, the oil sands production in Alberta to Hickenlooper (D) Second Term (term U.S. established significant military find pipeline access to market. expires in January 2019) installations in Colorado. In the More than 55 Colorado companies post-war era, Colorado Springs Two consecutive term limit; eligible again have been identified that supply was selected as the site for the Air after one term respite equipment, parts and services Force Academy and NORAD being used in the development of Currency: U.S. Dollars headquarters. Alberta’s oil sands. $1 CAD = U.S. $0.79 (March 2015) Edmonton expat Pat Bowlen owns the Denver Broncos of the National SHARED ORGANIZATIONS Gross State Product (GSP):$ 294.4 Football League. billion U.S. (2013) Council of State Governments RELATIONSHIP OVERVIEW (CSG) National Per Capita Income: $46,897 (2013) CSG West Alberta and Colorado share thriving Unemployment Rate: 4.2% (February mountain resort industries. Ports-to-Plains Alliance (PTP) 2015) Colorado is connected to Alberta Western Governors’ Association Key Industry Sectors: Information via the I-25 highway, which (WGA) technology, defense contracting, high- eventually links with the CANAMEX technology, agriculture and energy Transportation Corridor in TRADE AND INVESTMENT Montana. Main Cities (2013 estimate): From 2010-2014, Alberta’s Large Alberta-based companies exports to Colorado have have a major presence in averaged $3.17 billion, with the . Denver: 649,495 Colorado, including U.S. head main export being crude oil. Colorado Springs: 439,886 offices for Encana and PCL In 2014, Alberta exports to . Aurora: 345,803 Construction, as well as two large Colorado totaled $3.5 billion, with refineries in Denver and Commerce . Fort Collins: 152,061 crude oil, iron & steel products, City, owned by Suncor. electrical machinery, precision DID YOU KNOW? A recent study by the Canadian instruments being the largest . Colorado's name comes from a Spanish Energy Research Institute exports. word meaning "red" or "ruddy," the estimated that between 2011 and color of much of the state's terrain. 2035 the development of Alberta’s oil sands will add an annual an Input was provided from the departments of: Innovation and Advanced Education, Agriculture & Rural Development, Education, and Energy April 2015 Many of Alberta’s principal exports Colorado’s Renewable Energy RECENT VISITS/MISSIONS to Colorado are used in the state’s Standard requires large investor- energy and mining sectors, owned utilities to use renewable March 2013: Governor of Colorado including machinery, electrical energy sources to produce 30% of John Hickenlooper (D) conducted a machinery, precision instruments their energy by 2020. trade mission to Alberta and and casing/tubing for oil and gas participated in a site visit of the oil drilling. Alberta also exports AGRICULTURE sands. significant quantities of live cattle, Alberta's 2013 agri-food exports to plastic, wood and fertilizer to Colorado totaled $48.3 million. Top Colorado. exports included roasted and DIPLOMATIC REPRESENTATION unroasted malt ($9.5 million), ENERGY wheat ($4.95 million), other live His Excellency Bruce Heyman is the From 2007 to 2013, crude oil animals ($4.4 million) and cereal U.S. Ambassador to Canada. preparations ($4.3 million). production in Colorado rose 146% The Canadian Ambassador to the and marketed natural gas The Canadian and Alberta U.S. in Washington, D.C. is Gary production rose 38% between 2007 governments undertook extensive Doer. and 2012. advocacy efforts in 2013 to The Canadian Consulate Coal bed methane contributes influence the U.S. to comply with responsible for Colorado is located approximately 50% of Colorado’s their World Trade Organization in Denver. Marcy Grossman is the natural gas production and obligations regarding COOL. Consul General. approximately 25% of all coal bed Resolutions in support of this were methane production in the U.S. passed by the following The U.S. Consul General located in organizations: State Agriculture and Calgary responsible for Alberta is In 2013, 64% of the electricity Rural Leaders (SARL), CSG Peter Kujawinski. generated in Colorado came from National, CSG Midwest, CSG West, The Honourable Rob Merrifield is coal, 20% from natural gas, and PTP, Canadian/American Border Alberta’s Senior Representative to 17% from renewable energy Trade Alliance, and the Pacific the U.S. located in Washington, resources. NorthWest Economic Region. D.C. Colorado’s oil shale deposits are EMERGING OPPORTUNITIES estimated to contain 1 trillion Business and finance services and barrels of oil – as much as the telecommunications are the leading entire world’s proven oil reserves sectors in gross state product (United States Geologic (GSP) growth. Survey2009 estimate). Although the reserves remain almost Colorado is home to Qwest undeveloped due to the complexity Communications International, of the extraction process, emerging Level 3 Communications, Intel technologies are being investigated Corporation, AT&T and Celestica to utilize the resource. Corporation Multimedia & film. Alberta Innovates, Technology Futures is conducting the Colorado Group Shale Gas Project with the objective of bringing companies together to obtain industry-leading knowledge about shale gas development and production. For more information, contact: Alberta International and Intergovernmental Relations Tel: 780-427-6543 Fax: 780-427-0699 www.albertacanada.com .