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Questions to consider...

 •   Is Alberta’s economy diversified?
 •   Why bother?
 •   Diversity by export market?
 •   Can diversity be “created”?
 •   Do we need to move up value-add?
Why diversify?
Diversify for diversity’s sake?
Can Government Policy Induce Diversity?
FEDERAL

Department of Regional Economic Expansion (DREE) – 1969
Department of Regional Industrial Expansion (DRIE)

1987
• Atlantic Canada Opportunities Agency (ACOA)
• Western Economic Diversification Canada (WEDC)
• Federal Economic Development Northern Ontario (FEDNOR)

ALBERTA

- programs for direct ownership of industry (1970s and 1980s)
- Proposals for an Industrial and Science Strategy for Alberta 1985 to
1990
- The Alberta Advantage in the 2000s
- ???
Moving up the Value Chain
Summary: Chasing the Holy Grail?

 1. worth it, but not easy
 2. Alberta more diversified
    within its energy resources
 3. gov’t efforts have been
    underwhelming
 4. non-market sectors and
    design-oriented industries
    offer promise

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Presentation for abc technologies june 2012

  • 1.
  • 2.
  • 3. Questions to consider... • Is Alberta’s economy diversified? • Why bother? • Diversity by export market? • Can diversity be “created”? • Do we need to move up value-add?
  • 4.
  • 5.
  • 7.
  • 9.
  • 10.
  • 11. Can Government Policy Induce Diversity? FEDERAL Department of Regional Economic Expansion (DREE) – 1969 Department of Regional Industrial Expansion (DRIE) 1987 • Atlantic Canada Opportunities Agency (ACOA) • Western Economic Diversification Canada (WEDC) • Federal Economic Development Northern Ontario (FEDNOR) ALBERTA - programs for direct ownership of industry (1970s and 1980s) - Proposals for an Industrial and Science Strategy for Alberta 1985 to 1990 - The Alberta Advantage in the 2000s - ???
  • 12. Moving up the Value Chain
  • 13.
  • 14. Summary: Chasing the Holy Grail? 1. worth it, but not easy 2. Alberta more diversified within its energy resources 3. gov’t efforts have been underwhelming 4. non-market sectors and design-oriented industries offer promise