Jobs, Economy and Innovation, Government of Alberta Jobs, Economy and Innovation 2020 –2021Annual Report 2021 Government of Alberta Published: June 2021ISBN: 978-1-4601-5112-9 (PDF online)ISSN: 2564-0739 (PDF online)Note to Readers: Copies of the annual report are available on the Alberta Open Government Portalwebsite www.alberta.ca
Table of ContentsPreface . 1Minister’s Accountability Statement . 2Message from the Minister . 3Management’s Responsibility for Reporting . 5Results Analysis . 7Ministry Overview . 8Discussion and Analysis of Results . 13Performance Measures and Indicators Methodology . 47Financial Information . 54Reporting Entity and Method Consolidation . 55Ministry Financial Highlights . 56Supplemental Financial Information . 60Financial Statements of Other Reporting Entities . 62Financial Information .149Annual Report Extracts and Other Statutory Reports. 151Statutory Report: Public Interest Disclosure Act .151Jobs, Economy and Innovation Annual Report 2020–2021i
iiJobs, Economy and Innovation Annual Report 2020–2021
IntroductionPrefaceThe Public Accounts of Alberta are prepared in accordance with the Financial Administration Actand the Fiscal Planning and Transparency Act. The Public Accounts consist of the annual report ofthe Government of Alberta and the annual reports of each of the 20 ministries.The annual report of the Government of Alberta contains ministers’ accountability statements, theconsolidated financial statements of the province and a comparison of actual performance resultsto desired results set out in the government’s strategic plan, previously published in one volumeentitled Measuring Up report.This annual report of the Ministry of Jobs, Economy and Innovation contains the minister’saccountability statement, the financial information of the ministry and a comparison ofactual performance results to desired results set out in the ministry business plan. Thisministry annual report also includes:the financial statements of entities making up the ministry including Alberta Innovates, theAlberta Enterprise Corporation, the Invest Alberta Corporation and Travel Alberta for which theminister is responsible; their financial information as required by the Financial Administration Act and the FiscalPlanning and Transparency Act, as separate reports, to the extent that the ministry hasanything to report; andEach Ministry Annual Report should be considered along with the Government of AlbertaAnnual Report to provide a complete overview of government’s commitment to openness,accountability and fiscal transparency.Jobs, Economy and Innovation Annual Report 2020–20211
IntroductionMinister’s Accountability StatementThe ministry’s annual report for the year ended March 31, 2021, was prepared under my directionin accordance with the Fiscal Planning and Transparency Act and the government’s accountingpolicies. All of the government’s policy decisions as at June 2, 2021, with material economic or fiscalimplications of which I am aware have been considered in the preparation of this report.[ Original signed by Doug Schweitzer Minister of Jobs, Economy and Innovation ]Honourable Doug SchweitzerMinister of Jobs, Economy and Innovation2Jobs, Economy and Innovation Annual Report 2020–2021
IntroductionMessage from the MinisterThe 2020-21 fiscal year was defined by challenges that we, asAlbertans, never dreamed we would be facing. The COVID-19pandemic has impacted every single Albertan, Canadian, andindividual the world over, and it has had a huge impact on oureconomy and our livelihoods. At the same time, in 2020-21Albertans showcased the true resiliency and steadfast dedicationthat our province is known for. Never before have I witnessed somany Albertans and leaders in our communities pull together toweather a storm of this magnitude. It is this unprecedented levelof collaboration that defined the past year, and it is this level ofcontinued teamwork that will define the years ahead as we comeout the other side of this pandemic stronger than ever before.The Ministry of Jobs, Economy and Innovation was officially stood up in August 2020, and sincethen our team has been in charge of the implementation of Alberta’s Recovery Plan – a bold,ambitious long-term strategy to build our province, diversify our economy, and create jobs. Whilepart of our work included overseeing initiatives rolled out by other ministries across government,Jobs, Economy and Innovation also took the lead on a number of key policies, programs andsupports. These actions included providing industry and Alberta businesses with immediate reliefto get through the COVID-19 pandemic so that we could reopen safely, lay the foundations forrecovery, and put Alberta on a path for growth.Over the past year, Alberta businesses made massive sacrifices to keep Albertans safe. Thesebusinesses are the backbone of our economy, provide jobs that Alberta families depend on and willbe the key to our recovery going forward, which is exactly why the ministry took action to supportthem.The ministry’s actions included contributing 67.2 million as Alberta’s share of the federalgovernment’s Canada Emergency Commercial Rent Assistance program (CECRA), andimplementing the Commercial Tenancy Support and Protections Act and regulation to protectcommercial tenants and help address gaps in the federal government’s rent assistance program. Welaunched the Small and Medium Enterprise Relaunch Grant, which provided 626.4 million insupport last year to small and medium-sized businesses, co-ops and non-profits that collectivelyemploy more than 300,000 people. We also launched Alberta Biz Connect, an online resource thatprovided information on public health restrictions and guidelines for businesses across all sectors.Alberta Biz Connect offered businesses a direct feedback mechanism that allowed our team toanswer more than 14,500 questions from Alberta businesses.The ministry also rolled out a suite of supports for Alberta’s hardest hit industry – the tourismsector. We ensured money stayed in the pockets of Alberta’s job creators by allowing hotels andother lodging providers to keep tourism levy amounts they collected over the course of the original13-month abatement period, from March 1, 2020 to March 31, 2021. This was on top of providingorganizations in Calgary, Edmonton, Banff, Jasper and Canmore a combined total of 8 million tosafely attract visitors to the province for spring and summer of 2021. We also expanded TravelAlberta’s role within the province to become a full destination management organization to supportthe industry’s full recovery and future growth.The ministry continued to set its sights on recovery through our efforts to reduce red tape, diversifythe economy and attract job-creating investment that will benefit all Albertans. While theconventional drivers of Alberta's traditional economy are all pointing in the right direction forJobs, Economy and Innovation Annual Report 2020–20213
Introductionsignificant growth for our province, we didn't want to just rest there. We developed the Investmentand Growth Strategy to guide a government-wide approach that will increase private-sectorinvestment in targeted sectors spanning from energy, agriculture and forestry, and tourism to techand innovation, aviation, aerospace and logistics, and finance and fintech. We also established theInvest Alberta Corporation, our province’s first ever Crown Corporation dedicated to investmentattraction and promoting Alberta as a prime investment location for businesses from across Canadaand around the world. Investment attraction will be more important than ever in the comingmonths and years as we rebound from the COVID-19 pandemic.The ministry set the stage for making Alberta a dominant player in the world’s new economy byinvesting in technology and innovation. In 2018, Alberta had about 1,200 tech companies. Fastforward two years to 2020-21, and that number increased to over 3,000 tech companies. Alberta’stech sector is maturing rapidly and is becoming a real driver of employment and diversification.That’s why in addition to the 1.85 million allocated to Alberta Enterprise Corporation in 2020-21to attract venture capital to Alberta, the corporation was recapitalized with an additional 175million over three years to invest in venture capital funds that finance technology companies. Theministry also supported the launch of the Innovation Employment Grant to support small andmedium-sized businesses that invest in research and development. We also directed a total of 232.8 million to Alberta Innovates, innovation organizations and post-secondary institutions tostreamline research, innovation and commercialization and offer programing to develop andadvance talent, grow sectors, leverage funding, and attract investment.Another way we are diversifying our economy and making Alberta attractive for business isthrough the enhanced Alberta Film and Television Tax Credit. To build on the success of theprogram, the ministry removed the 10-million per project cap to make the province an even moredesirable location for larger film productions that will inject millions of dollars into the provincialeconomy and create jobs for Albertans. This past year, the ministry approved 31 applications withan anticipated spend of 122 million in Alberta.Getting our lives back here in Alberta and across this country is going to create thousands of jobsfor hard-working Albertans that were impacted over the course of the pandemic. Theentrepreneurial culture in our province is unique in Canada. Albertans have a mindset that they aregoing to go out there and take on the world – and if 2020-21 has proved anything, it’s thatAlbertans have what it takes to get that done.Jobs, Economy and Innovation will continue to engage with industry and partners to identify andaddress challenges resulting from the COVID-19 pandemic. We remain committed to pursuing ourgoals of economic diversification, job creation, and financial sustainability as we work towardrecovery and a prosperous future for all Albertans. We have had a strong economy for decades. Ithas been a challenging time in Alberta, but we have a foundation here in our province that is strongand resilient, and this is a foundation we are going to build on.[ Original signed by Doug Schweitzer Minister of Jobs, Economy and Innovation ]Honourable Doug SchweitzerMinister of Jobs, Economy and Innovation4Jobs, Economy and Innovation Annual Report 2020–2021
IntroductionManagement’s Responsibility for ReportingThe Ministry of Jobs, Economy and Innovation includes the Department of Jobs, Economy andInnovation as well as Alberta Innovates, the Alberta Enterprise Corporation, the Alberta Researchand Innovation Advisory Committee, the Northern Alberta Development Council, the Invest AlbertaCorporation, and Travel Alberta.The executives of the individual entities within the ministry have the primary responsibility andaccountability for the respective entities. Collectively, the executives ensure the ministry complieswith all relevant legislation, regulations and policies.Ministry business plans, annual reports, performance results and the supporting managementinformation are integral to the government’s fiscal and strategic plan, annual report, quarterlyreports and other financial and performance reporting.Responsibility for the integrity and objectivity of the accompanying ministry financial informationand performance results for the ministry rests with the Minister of Jobs, Economy and Innovation.Under the direction of the Minister, I oversee the preparation of the ministry’s annual report, whichincludes the financial information, performance results on all objectives and initiatives identified inthe Ministry Business Plan, and performance results for all ministry-supported commitments thatwere included in the 2020-23 Government of Alberta Strategic Plan.The financial information and performance results, out of necessity, include amounts that are basedon estimates and judgments. The financial information is prepared using the government’s statedaccounting policies, which are based on Canadian public sector accounting standards. Theperformance measures are prepared in accordance with the following criteria: Reliability – Information used in applying performance measure methodologies agrees withthe underlying source data for the current and prior years’ results.Understandability – the performance measure methodologies and results are presentedclearly.Comparability – the methodologies for performance measure preparation are appliedconsistently for the current and prior years’ results.Completeness – outcomes, performance measures and related targets match those includedin the ministry’s Budget 2020.As Deputy Minister, in addition to program responsibilities, I am responsible for the ministry’sfinancial administration and reporting functions. The ministry maintains systems of financialmanagement and internal control, which give consideration to costs, benefits, and risks that aredesigned to: provide reasonable assurance that transactions are properly authorized, executed inaccordance with prescribed legislation and regulations, and properly recorded so as tomaintain accountability of public money;provide information to manage and report on performance;safeguard the assets and properties of the province under ministry administration;provide Executive Council, the President of Treasury Board and Minister of Finance, and theMinister of Jobs, Economy and Innovation the information needed to fulfill theirresponsibilities; andfacilitate preparation of ministry business plans and annual reports required under theFiscal Planning and Transparency Act.Jobs, Economy and Innovation Annual Report 2020–20215
IntroductionIn fulfilling my responsibilities for the ministry, I have relied, as necessary, on the executives of theindividual entities within the ministry.[ Original signed by Kate White Deputy Minister of Jobs, Economy and Innovation ]Kate WhiteDeputy Minister of Jobs, Economy, and InnovationJune 2, 20216Jobs, Economy and Innovation Annual Report 2020–2021
Results AnalysisResults AnalysisTable of ContentsMinistry Overview . 8Organizational Structure . 8Operational Overview . 9Agencies . 10Key Highlights in the Past Year . 11Discussion and Analysis of Results. 13Outcome One: Alberta entrepreneurs, businesses and communitiesare supported to drive growth and job creation . 13Outcome Two: Investment is attracted, retained and expanded in Albertaand trade is grown . 22Outcome Three: Alberta’s innovation system is optimized tosupport economic growth . 32Outcome Four: A strong tourism sector creates jobsand economic growth in Alberta . 39Performance Measures and Indicators Methodology. 47Jobs, Economy and Innovation Annual Report 2020–20217
Results AnalysisMinistry OverviewThe Ministry of Jobs, Economy and Innovation leads efforts to grow Alberta’s economy bydelivering strategic programs and services to support Alberta’s entrepreneurs and job creators,attract investment, grow trade, strengthen Alberta’s tourism industry, and ensure Alberta has aninnovative and competitive business environment.Ministry OutcomesFour outcomes were identified in the ministry’s 2020-23 Business Plan, as follows:Outcome One: Alberta entrepreneurs, businesses and communities are supported to drive growthand job creationOutcome Two: Investment is attracted, retained and expanded in Alberta and trade is grownOutcome Three: Alberta’s innovation system is optimized to support economic growthOutcome Four: A strong tourism industry creates jobs and economic growth in AlbertaOrganizational StructureIn August 2020, the ministry was renamed from Economic Development, Trade and Tourism toJobs, Economy and Innovation, which coincided with a shift in the ministry’s mandate to overseeimplementation of Alberta’s Recovery Plan, sector strategies and the province’s growth agenda.The ministry consists of the Department of Jobs, Economy and Innovation, as well asAlberta Innovates, the Alberta Enterprise Corporation, Alberta Research and Innovation AdvisoryCommittee, the Northern Alberta Development Council, the Invest Alberta Corporation, and TravelAlberta.In February 2021, the department implemented a new organizational structure based on the corefunctions of policy and strategy development, stakeholder relations, agency governance andprogram delivery, and strategic financial services, to ensure the department is able to delivereffectively on its new mandate.Figure 1 –2020-21 Ministry Organizational Structure8Jobs, Economy and Innovation Annual Report 2020–2021
Results AnalysisOperational OverviewEffective February 2021, the department included four divisions. The responsibilities of thesedivisions were as follows:Economic Policy and Strategy DivisionThe Economic Policy and Strategy Division focused on ensuring policies and strategies weredeveloped with a broad economic lens and line of sight to economic growth and job creation. Coredivision functions include: Developing and delivering on economic policies and strategies for Alberta;Undertaking economic modelling and data analytics, as well as policy foresight and futurethinking to support policy and strategy development;Managing the implementation and legislative aspects of core policy strategies; andCoordinating various policy pieces through the decision-making process.Stakeholder Relations DivisionThe Stakeholder Relations Division focused on ensuring relationships and formal partnerships withbusinesses, industry, and communities were fostered to increase market intelligence and informstrategic decisions by government and industry. Core division functions include: Working with businesses seeking access to capital and new markets;Working at the industry-level to capitalize on opportunities or address challenges;Supporting communities and regions in achieving their economic development priorities;Collaborating with departments and agencies on investment attraction initiatives;Coordinating Alberta’s trade development activities;Engaging in government-to-government advocacy on key issues, and providing advice andinformation on geopolitical issues; andSupporting the Alberta Washington Office.Agency Governance and Program Delivery DivisionThe Agency Governance and Program Delivery Division focused on driving alignment between thepriorities and activities of the ministry’s agencies and the department, delivering programming andensuring the ministry’s business planning and corporate services are completed effectively. Coredivision functions include: Ensuring oversight and alignment between the operations and strategic direction of theministry’s agencies and the department;Delivering programs that support Alberta’s businesses, communities, and entrepreneurswith a focus on quality, and excellence in client service;Leading corporate planning, risk management, performance and public accountabilityreporting requirements for the department; andProviding corporate accommodations services and supports.The department was also supported by the Financial Services Division, which provided financialplanning, reporting and operations services.Jobs, Economy and Innovation Annual Report 2020–20219
Results AnalysisAgenciesIn 2020-21, the following six agencies, as defined under the Alberta Public Agencies Governance Act,fell under the ministry:Alberta InnovatesThe Alberta Innovates played an important role in the province’s research and innovation system.Building on the province’s strengths in environment, energy, health, food, agriculture, fibre, andemerging technologies, Alberta Innovates supported world-class researchers, entrepreneurs, andindustry innovators. It offered cross-sectoral knowledge and expertise, funding, business supports,networks, and applied research facilities to turn ideas into products and products into companies.Alberta Innovates prepared an annual report separate from this one.Alberta Enterprise CorporationThe Alberta Enterprise Corporation promoted the development of the venture capital industrysupporting knowledge-based industries in Alberta. It invested as a limited partner in venturecapital funds focused on priority, under-served technologies, including those related to information,communications, life sciences, nanotechnology, advanced food manufacturing, artificial intelligence,financial technology and the environment. The Alberta Enterprise Corporation prepared an annualreport separate from this one.Alberta Research and Innovation Advisory CommitteeThe Alberta Research and Innovation Advisory Committee provided expert and independentstrategic advice and recommendations to the minister on research and innovation. The AlbertaResearch and Innovation Advisory Committee’s international, national, and provincial membersrepresented a spectrum of experiences in global innovation systems and acted as ambassadors forAlberta’s research and innovation system.Northern Alberta Development CouncilThe Northern Alberta Development Council identified, promoted and advised on practical measuresto advance economic and social development in northern Alberta. It provided a northern lens onexisting and proposed government services and programs, while facilitating opportunities forstakeholders to connect and collaborate on northern issues of common interest. The NorthernAlberta Development Council prepared an annual report separate from this one.Invest Alberta CorporationThe Invest Alberta Corporation was established in July 2020. The corporation was given a mandateto promote, identify and pursue investment in Alberta, with a focus on high-value or high-impactinvestment. The Invest Alberta Corporation was established to deliver and facilitate seamless andresponsive investment attraction services that are targeted and customized for investors to makethe investment decision-making process as informed as possible, and to support the Government ofAlberta in performing trade promotion and advocacy activities.Travel AlbertaTravel Alberta is the tourism-marketing agency of the Alberta government. It is the steward for theAlberta tourism brand and manages national and international tourism marketing programs,services and activities. Travel Alberta provided the Alberta tourism industry with the marketingtools, resources and information necessary to market their businesses effectively, leverage strategicmarketing partnerships and drive a return on their marketing investments. Travel Albertaprepared an annual report separate from this one. Effective April 1, 2021, the mandate of TravelAlberta changed to be a full destination management organization.10Jobs, Economy and Innovation Annual Report 2020–2021
Results AnalysisKey Highlights in the Past Year In August 2020, the ministry was renamed from Economic Development, Trade andTourism to Jobs, Economy and Innovation, with a new mandate to oversee implementationof Alberta’s Recovery Plan, sector strategies and the province’s growth agenda. In February2021, the department implemented a new organizational structure based on the corefunctions of policy and strategy development, stakeholder relations, and agency governanceand program delivery, to ensure the department is able to deliver effectively on its newmandate.The ministry led the execution of Alberta’s Recovery Plan, providing immediate relief andsupport for Albertans during the COVID-19 pandemic and the crash in oil prices, creatingjobs, investing in infrastructure and diversifying the economy, as well as the development oflonger term strategies to support investment and future economic growth.The Small and Medium Enterprise Relaunch Grant (SMERG) was implemented to support tosmall businesses ordered to temporarily close or curtail operations because of public healthorders. In total, 626.4 million was expensed in 2020-21 to support nearly 40,000businesses and organizations that collectively employ more than 300,000 people.Alberta Biz Connect provided information on public health restrictions and updatedguidelines for businesses across all sectors. Between April 1, 2020 and March 31, 2021, BizConnect provided more than 14,500 customized email responses to inquiries on publichealth direction as it pertains to business and community groups, and the public.The Commercial Tenancy Support and Protection Act and the Commercial TenanciesProtection Regulation were brought into force to protect commercial renters from leasetermination due to non-payment of rent and prevent landlords from implementing late feesand other penalties and rent increases from March 17, 2020 until August 31, 2020. Themeasures helped address gaps in the federal government’s Canada Emergency CommercialRent Assistance (CERA) program by protecting a wider range of tenants than were eligiblefor the program and tenants whose landlords decided not to apply.The ministry also contributed 67.2 million as Alberta’s share of the CECRA, leveraging thefederal program to deliver forgivable loans benefiting commercial landlords and tenants.Alberta’s share of this initiative was based on a 75/25 per cent federal/provincial costsharing agreement.Two phases of tourism recovery supports were implemented in 2020. Tourism RecoveryPhase One supports included abatement of the tourism levy from March 1, 2020 untilDecember 31, 2020, and to redeploy existing-Travel Alberta budget and leverage federalprograming supports from Western Economic Diversification to create a 4-milliondestination marketing organization support program.Tourism Recovery Phase Two supports included extension of the tourism levy abatement toMarch 31, 2021; providing 8 million to support the five main destination managementorganizations in Calgary, Edmonton, Canmore, Banff, and Jasper; and re-profiling TravelAlberta’s mandate to a full destination management organization.The Investment and Growth Strategy: Selling Alberta to the World was developed to guide agovernment-wide approach to increasing private-sector investment in targeted sectors. Aspart of the strategy, the Invest Alberta Corporation was established in July 2020, with amandate to promote Alberta and generate new private-sector investment with a focus onhigh-value and/or high-impact investment opportunities.In addition to the 1.85 million allocated to Alberta Enterprise Corporation in 2020-21 toattract venture capital to Alberta, the corporation was recapitalized in June 2020 with 175million committed over three years as part of Alberta’s Recovery Plan.In 2020-21, a total of 232.8 million was invested to provide streamlined research,innovation and commercialization investments and programing through Alberta Innovates,Jobs, Economy and Innovation Annual Report 2020–202111
Results Analysis 12and through grants to innovation organizations and post-secondary institutions to developand advance talent, grow sectors, leverage funding, and attract investment.The ministry supported the launch of the Innovation Employment Grant in January 2021 toenc
Jobs, Economy and Innovation, Government of Alberta Jobs, Economy and Innovation 2020-2021 Annual Report 2021 Government of Alberta Published: June 2021 ISBN: 978-1-4601-5112-9 (PDF online) ISSN: 2564-0739 (PDF online) Note to Readers: Copies of the annual report are available on the Alberta Open Government Portal website www.alberta.ca
hotel jobs, representing a gain of over 160,000 hotel jobs since 2015. The total number of US jobs supported by the hotel industry increased by 1.1 million since 2015 and represents more than 1-in-25 US jobs (4.2%). A representative hotel with 100 occupied rooms supports 241 total jobs, including 137 direct jobs and 104 indirect and induced jobs.
These jobs include welders, pipe fitters and machine installers. Defining jobs 1. Direct jobs are jobs supported from direct project expenditure, such as jobs supported when a compressor is purchased for installation on site. 2. Indirect jobs are those which are supported from spending in the wider supply chain, such as those
August 2, 2021 15 August 2, 2021 16 August 2, 2021 17 August 3, 2021 18 August 4, 2021 19 August 5, 2021 20 August 6, 2021 21 August 9, 2021 22 August 9, 2021 23 August 9, 2021 24 August 10, 2021 25 August 11, 2021 26 August 12, 2021 27 August 13, 2021 28 August 16, 2021 29 August 16, 2021 30 August 16, 2021 31
Creative Industries Economic Estimates - January 2015 7 Chapter 2: Key Findings Creative Economy Employment (1997 - 2013) 2.62m jobs were in the Creative Economy in 2013, 1 in 12 UK jobs. Employment within the Creative Economy grew by 66 thousand jobs (2.6%) between 2012 and 2013, a higher rate than for the UK Economy as a whole (1.6%).
Cadillac Escalade, Escalade ESV 2020 2020 Cadillac XT4 2020 2020 Cadillac XT5 2020 2020 Chevrolet Blazer 2019 2020 Chevrolet Express 2018 2021 Chevrolet Silverado 1500 2018 2020 Chevrolet Suburban 2020 2020 Chevrolet Tahoe 2020 2020 Chevrolet Traverse 2020 2020 GMC Acadia 2019 2020 GMC Savana 2018 2021
EU Tracker Questions (GB) Total Well Total Badly DK NET Start of Fieldwork End of Fieldwork 2020 15/12/2020 16/12/2020 40 51 9-11 08/12/2020 09/12/2020 41 47 12-6 02/12/2020 03/12/2020 27 57 15-30 26/11/2020 27/11/2020 28 59 13-31 17/11/2020 18/11/2020 28 60 12-32 11/11/2020 12/11/2020 28 59 12-31 4/11/2020 05/11/2020 30 56 13-26 28/10/2020 29/10/2020 29 60 11-31
Administrative and support services (up 327,000 to 550,000 jobs), Accommodation and food services (up 184,000 to 365,000 jobs) and Other services (up 95,000 to 150,000 jobs). Since 1996, there have also been high levels of jobs growth in Information and communication (up 180,000 to 426,000 jobs), Education (up 195,000 to 423,000 jobs) and .
Anatomy is the study of the structure of living things. b. Physiology is the science of the functioning of living organisms and their component parts. SELF-ASSESSMENT EXERCISE 2 i. Factors that determine divisions in anatomy are: a. Degree of structural detail under consideration 5. HEM 604 BASIC ANATOMY AND PHYSIOLOGY OF HUMAN BODY b. Specific processes c. Medical application ii. The analysis .