Alberta Venture

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  www.albertaventure.com/feed/ - [Cached Version]
  Published on: 10/15/2009    Last Visited: 10/15/2009  

  The explosion of shale gas production, for example, is the meta-story behind such phenomena as the collapse in the price of natural gas, the colossal provincial deficit and the loss of 60,000 jobs in Alberta since this time last year.
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  Another meta-story changing the landscape in Alberta involves the electrical power industry. What do Enmax Corporation’s fight over Bill 50, TransAlta Corp.’s takeover of Canadian Hydro Developers and the Capital Power IPO have in common? They are all reactions to anticipated emissions control legislation that is going to seriously add to the cost of generating and transmitting power the old way â€" in massive coal-fired plants far from the people who end up using it.
  
  Enmax believes the future lies in “distributed generation†â€" that is, producing power in small quantities where it is consumed (homes, enterprises) by renewable (wind, solar) or high-efficiency (heat recovery) means. Going against the herd, Enmax wants to hasten this transformation and be the dominant provider of small power generation systems currently being tested in employees’ homes. Hence in its view Alberta does not need more high-voltage wires crossing the landscape, as Bill 50 would make possible without public hearings.
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  The Venture 100 Business forum is held annually in both Calgary and Edmonton in conjunction with the release of the September issue of Alberta Venture featuring the Venture 100 + Next 100 and PWC Private 50 lists. Presented by PricewaterhouseCoopers and Alberta Venture, the forum celebrates the achievements of Alberta’s largest corporations and is a unique opportunity for attendees to network with senior level executives from the Venture 100 companies.
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  Each September, Alberta Venture, in cooperation with PricewaterhouseCoopers, presents the list of Alberta’s biggest corporations.
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  The videos provide snapshots of Alberta's economy, and offer insight on where current trends are steering the province's future.
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  Each September, Alberta Venture, in cooperation with PricewaterhouseCoopers, presents the list of Alberta’s biggest corporations.
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  The videos provide snapshots of Alberta's economy, and offer insight on where current trends are steering the province's future.
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  Just over 20 years ago, Mentor Engineering partners Steve Hickle, Wolfgang Stichling and Gord Howell were working in telecommunications serving oil and gas companies in Alberta when an innovative project came their way.
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  Nanotech, which attempts to scale down industrial solutions such as computer chips to the molecular level, is rapidly making the transition from the subject of university research to a generator of wealth in Alberta, with a number of companies already involved in micro- and nanotechnology fabrication while more and more startups focused on commercialization set up shop at the National Institute for Nanotechnology at the University of Alberta. The next step, says nanoWorks chair Bruce Alton, is to create fully packaged products based on submicroscopic technologies based in Alberta, whether they be used in the forest industry or health care.
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  One area of particular promise for Alberta and Canada is the production of cellulosic fibre from trees, a renewable material that could replace petroleum-based plastics for many applications.
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  Alberta faces an enormous challenge to continue exploiting its vast hydrocarbon resources in a carbon-constrained world.
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  And that’s not just because of the boom years, when Alberta was setting monthly sales records, like in December 2006, when dealers moved 22,079 vehicles.
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  Alberta will see real GDP growth above 3% in 2010, according to a summer forecast by the Conference Board of Canada.

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  www.albertaventure.com/abventure_8276.html - [Cached Version]
  Published on: 6/30/2008    Last Visited: 7/29/2008  

  Alberta Venture
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  Alberta VentureVP Press Release Image Banner10259-105 Street Edmonton, AB T5J 1E3Toll Free: 1-800-227-4276T: 780-990-0839 F: 780-425-4921
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  Edmonton, Alberta (June 30 2008) - Alberta Venture magazine has released its popular and highly anticipated list of Alberta's 50 Most Influential People today.In its 12th year, the annual list is the cover story of the July issue of Alberta Venture, hitting newsstands July 7th or available immediately online at albertaventure.com.
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  "It reflects Alberta's broader economy, a noticeable shift in thinking about economic sustainability, and a growing emphasis on arts and culture," he adds.
  
  "Alberta's 50 Most Influential People create change, shape the future and, most importantly, provoke thought," says Joyce Byrne, associate publisher of Alberta Venture.
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  Regardless, they constantly show up in headlines and conversations throughout Alberta, the country and even around the world."
  
  Attached is the list in its entirety.
  
  The full editorial feature can be found in the July issue of Alberta Venture - Alberta's only province-wide business magazine covering the latest issues and trends concerning Alberta's business community.
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  Alberta Venturemmccullough@albertaventure.com780-990-0839, ext. 243

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  www.albertaventure.com/abventure_4703.html?ID=4703&doc_ - [Cached Version]
  Published on: 7/1/2008    Last Visited: 7/1/2008  

  Alberta Venture
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  If you haven't already cottoned on to the idea that Alberta is an economic, political and cultural powerhouse, our 12th annual Most Influential list might finally have you convinced.More than a catalogue of oil and gas CEOs, this year's list is populated with modern Medicis, human rights protectors and rising tech stars.These 50 people reflect Alberta's broader economy and a noticeable shift in thinking about economic sustainability happening in Alberta, and beyond our borders.
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  What the province now lacks, says Anglin, is any real energy vision in Alberta's interest and that of its children.
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  As Alberta enjoys one of its richest periods in history, it's a distinction we would do well to remember.
  
  Said Arrata
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  When the Nobel Foundation bestowed the 2007 Nobel Peace Prize jointly on green evangelist Al Gore and the Intergovernmental Panel on Climate Change, a little Nobel stardust sprinkled on Alberta.
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  Last summer marked the third year that the Rexall Indy had been held in Alberta.
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  If there's one person working to usher in Alberta's cultural naissance, it's Lance Carlson.
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  Giese, chair of BioMS Medical Corp., signs one of the largest deals in Canadian pharmaceutical history: a global licensing and development agreement with drug giant Eli Lilly and Company worth nearly $500 million, the biggest break for Alberta's biotech industry, well, ever.
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  Alberta's 2007 Business Person of the Year most recently donated $10 million to the Banff Centre for the construction of the Kinnear Centre for Creativity and Innovation.
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  But what really earned him a place in the 2008 spotlight was chairing the committee on Alberta's $16-billion savings account, the Heritage Fund.
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  The longtime CEO of the Science Alberta Foundation has helped make science education and literacy cool, overseeing a 161% increase in revenue and increased market reach by 323% in Alberta since heading the not-for-profit organization.
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  It was a shocker to everyone that the premier's first major reform, post-election, was to centralize Alberta's health-care system.But given the very public and embarrassing airing of imbalanced funding after
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  Evidently there is a place, a big one, for middle-of-the-road red toryism in post-Klein, mid-energy boom Alberta, and "Steady Eddie" knows that better than anyone (see "The New Kingmakers," p. 51).
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  Under her sway the foundation introduced the Polaris Awards, $20 million in recruitment dollars aimed at attracting top international talent to Alberta's universities.

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  www.albertaventure.com/abventure_8082.html - [Cached Version]
  Published on: 6/3/2008    Last Visited: 6/10/2008  

  Alberta Venture
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  Calgary and Edmonton may get all the attention, but there's a lot to like about the rest of Alberta (see "10 Best Communities for Business," June 2008).
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  Alberta VentureVP Press Release Image Banner10259-105 Street Edmonton, AB T5J 1E3Toll Free: 1-800-227-4276T: 780-990-0839 F: 780-425-4921
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  "Alberta Oil is a great fit for Venture," says Venture president and publisher Ruth Kelly.
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  "It complements our existing roster of business publications and will allow us to drill deeper on this vital sector of Alberta's economy.We look forward to bringing our expertise to this already strong magazine and to increasing its value to its 60,000 influential business readers."
  
  Venture is pleased to announce that respected energy writer and editor Gordon Jaremko has been appointed the new editor of Alberta Oil.

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  www.albertaventure.com/abventure_8084.html - [Cached Version]
  Published on: 5/1/2008    Last Visited: 6/10/2008  

  Alberta Venture
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  Calgary and Edmonton may get all the attention, but there's a lot to like about the rest of Alberta (see "10 Best Communities for Business," June 2008).
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  Alberta VentureVP Press Release Image Banner10259-105 Street Edmonton, AB T5J 1E3Toll Free: 1-800-227-4276T: 780-990-0839 F: 780-425-4921
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  Understanding the importance of this well-known credo, Alberta Venture magazine has released its First Annual Ranking of Alberta's Best Communities for Business.Stretching from Medicine Hat to Fort McMurray, the rankings examine the costs, market access, labour pool and taxes of Alberta's bustling communities and determine where to find the best business opportunities in Alberta.
  
  "Alberta is Canada's economic powerhouse and its strength goes beyond the two major cities," says Michael McCullough, editor of Alberta Venture.
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  The full rankings of Alberta's Best Communities for Business, along with a breakdown of the top 10, are featured in the June issue of Alberta Venture.The June issue also features:
  
  Think: A New Idea of Alberta: A co-operative project of Alberta Venture and Alberta's citizens-at-large to create a lasting legacy from Alberta's unprecedented prosperity.
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  Published monthly, Alberta Venture is Alberta's only province-wide business magazine.The June issue is available at newsstands throughout the province and full articles can also be found at www.albertaventure.com.Complete rankings of Alberta's Best Communities for Business are below.
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  Alberta Venturemmccullough@albertaventure.com780-990-0839, ext. 243

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  www.albertaventure.com/abventure_7944.html - [Cached Version]
  Published on: 5/1/2008    Last Visited: 5/9/2008  

  Alberta Venture
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  Alberta VentureVP Press Release Image Banner10259-105 Street Edmonton, AB T5J 1E3Toll Free: 1-800-227-4276T: 780-990-0839 F: 780-425-4921
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  Edmonton, Alberta (May 1st 2008) - Jordan Singer, president of Henry Singer Fashion Group (HSFG), has been named Alberta's Marketer of the Year for 2008.
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  The entire story of why Jordan Singer is considered "The Future of Retail" in Alberta is featured in the May issue of Alberta Venture.
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  In addition to Marketer of the Year, the May issue of Alberta Venture offers readers many other features including:
  
  Focus on Marketing, new marketing trends and successful executions such as the recent "What the hell happened at K-ROCK?"campaign. Special Report: Saskatchewan Rising, a guide to the sizzling hot economy next door. Industry Report: Manufacturing, lessons from the most innovative manufacturers in Alberta's $67 billion industry. Stopover, an inside look at the culture and business environment of a local community.This month, Alberta Venture visits Athabasca.
  
  Published monthly, Alberta Venture is Alberta's only province-wide business magazine.
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  Alberta Venturemmccullough@albertaventure.com780-990-0839, ext. 243

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  www.albertaventure.com/abventure_5813.html - [Cached Version]
  Published on: 3/17/2007    Last Visited: 3/17/2007  

  Alberta Venture

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  www.albertaventure.com/abventure_4703.html?doc_id=9599 - [Cached Version]
  Published on: 9/19/2007    Last Visited: 9/19/2007  

  Alberta Venture
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  No wonder Paré has been honoured as Alberta's Entrepreneur of the Year(1990) and is a member of the Order of Canada.
  
  Download the interview (79.4Mb MP3).

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  www.albertaventure.com/abventure_4935.html?ID=4935&doc_ - [Cached Version]
  Published on: 9/19/2007    Last Visited: 9/19/2007  

  Alberta Venture
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  The strength in the economy is further evidenced in the annual results of the PricewaterhouseCoopers and Alberta Venture Venture 100 list, with combined total revenues for the top 100 companies reaching almost $300 billion, an increase of 15% over the previous year.
  
  Alberta posted an astonishing 6.8% growth in real gross domestic product compared to 2005 , more than double the national rate of 2.7% and the U.S. rate of 3.3%.The current GDP totalled $236 billion, equating to $69,600 per capita versus the national per-capita of $44,100.During 2006, 86,300 new jobs were created, a 4.8% increase over last year , representing the highest growth rate in the last 25 years.As a result, Alberta ranked number one among the provinces for having the lowest unemployment rate of 3.4%.In conjunction with the booming job market, there was a 12.6% increase in salaries and wages, the highest-ever recorded increase.This is substantial in comparison to the Consumer Price Index inflation of only 3.9%.Despite these results, there is still a shortage of skilled and general labour in Alberta, which is a very evident problem for many Alberta companies.Although this is an indicator that the economy is booming, it also translates into several challenges, including increased payroll expenses for businesses, labour shortages, production delays, productivity losses and barriers to expansion.Increased employment demands paired with increased wages spurred a 3.3% growth in population for Alberta, equating to 109,000 new provincial residents, according to the provincial government's Population Report.
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  Since being elected premier on December 14, 1992, Klein had a considerable impact on Alberta's economy and has governed through many events such as the Kyoto Accord, the mad cow disease epidemic and eliminating Alberta's debt.To close the year, on December 14, 2006, Ed Stelmach was sworn in as the new Progressive Conservative premier of Alberta.
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  Alberta has the fastest-growing new house market in Canada. New home buyers saw a 36.9% increase in price and the resale market was able to benefit from a 30.9% increase in selling price.
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  Alberta's oil and gas industry is the lifeblood of the economy.This province produces 68% of Canada's crude oil and 78% of all natural gas.Revenues from this industry account for more than one third or $14.72 billion of Alberta's total revenue and account for more than 70% of its exports.
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  Alberta will face some challenges such as having sufficient water supply to support new oilsands projects.
  
  THE ENVIRONMENTIn 2006, the environment became a key issue, with increased concerns over global warming and the effects of greenhouse gas (GHG) emissions.This new reality has become a staple on the political landscape, with increased attention towards reducing GHG emissions and the advent of federal and provincial carbon tax initiatives.As a result, Alberta has experienced increased scrutiny surrounding the provincial contribution to GHG emissions.In addition, nuclear power generation in Alberta is seen as a potential answer to reducing emissions, in the face of growing power requirements in the oilsands region and the extensive upgrader activity in the province.
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  According to the 2006 Census of Agriculture, the number of farms in Alberta has decreased by 7.9% to a total of 49,431 farms , this was a slightly greater decrease than the national average decrease of 7.1%.
  
  However, the total farming area in Alberta has increased by 0.1%.Currently, Alberta is the top producer in the country forbarley, alfalfa, cattle and bison.The 2006 census illustrates a decline in cattle inventories by 3.7%, to 6.4 million cattle, despitean increase of 1.4% in the national inventory average.Technology is also starting to play an important role in agribusinesses as 47.4% of operations use computers for their businesses compared to only 40.7% using computers back in 2001.
  
  CHALLENGESAccording to the Conference Board of Canada, Alberta's economic growth should remain high due to oilsands investment and development and should stay strong over the medium term, until 2011.Challenges for Alberta include weaker economic growth in the United States, which accounts for 90% of Alberta's exports.
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  Alberta has proven itself to be in a league of its own as the economy continues to flourish year after year.It is no secret that the energy sector has a major role to play in Alberta's prosperity, as evidenced by the Venture 100 companies for 2006.

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  www.albertaventure.com/abventure_4703.html?ID=4703&doc_ - [Cached Version]
  Published on: 9/2/2007    Last Visited: 9/2/2007  

  Alberta Venture
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  A recent survey found that 70% of Alberta businesses have introduced recycling programs at work.What best sums up your office's situation?
  
  a) It's not on our agenda
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  The strength in the economy is further evidenced in the annual results of the PricewaterhouseCoopers and Alberta Venture Venture 100 list, with combined total revenues for the top 100 companies reaching almost $300 billion, an increase of 15% over the previous year.
  
  Alberta posted an astonishing 6.8% growth in real gross domestic product compared to 2005 , more than double the national rate of 2.7% and the U.S. rate of 3.3%.The current GDP totalled $236 billion, equating to $69,600 per capita versus the national per-capita of $44,100.During 2006, 86,300 new jobs were created, a 4.8% increase over last year , representing the highest growth rate in the last 25 years.As a result, Alberta ranked number one among the provinces for having the lowest unemployment rate of 3.4%.In conjunction with the booming job market, there was a 12.6% increase in salaries and wages, the highest-ever recorded increase.This is substantial in comparison to the Consumer Price Index inflation of only 3.9%.Despite these results, there is still a shortage of skilled and general labour in Alberta, which is a very evident problem for many Alberta companies.Although this is an indicator that the economy is booming, it also translates into several challenges, including increased payroll expenses for businesses, labour shortages, production delays, productivity losses and barriers to expansion.Increased employment demands paired with increased wages spurred a 3.3% growth in population for Alberta, equating to 109,000 new provincial residents, according to the provincial government's Population Report.
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  Since being elected premier on December 14, 1992, Klein had a considerable impact on Alberta's economy and has governed through many events such as the Kyoto Accord, the mad cow disease epidemic and eliminating Alberta's debt.To close the year, on December 14, 2006, Ed Stelmach was sworn in as the new Progressive Conservative premier of Alberta.
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  Alberta has the fastest-growing new house market in Canada. New home buyers saw a 36.9% increase in price and the resale market was able to benefit from a 30.9% increase in selling price.
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  Alberta's oil and gas industry is the lifeblood of the economy.This province produces 68% of Canada's crude oil and 78% of all natural gas.Revenues from this industry account for more than one third or $14.72 billion of Alberta's total revenue and account for more than 70% of its exports.
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  Alberta will face some challenges such as having sufficient water supply to support new oilsands projects.
  
  THE ENVIRONMENTIn 2006, the environment became a key issue, with increased concerns over global warming and the effects of greenhouse gas (GHG) emissions.This new reality has become a staple on the political landscape, with increased attention towards reducing GHG emissions and the advent of federal and provincial carbon tax initiatives.As a result, Alberta has experienced increased scrutiny surrounding the provincial contribution to GHG emissions.In addition, nuclear power generation in Alberta is seen as a potential answer to reducing emissions, in the face of growing power requirements in the oilsands region and the extensive upgrader activity in the province.
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  According to the 2006 Census of Agriculture, the number of farms in Alberta has decreased by 7.9% to a total of 49,431 farms , this was a slightly greater decrease than the national average decrease of 7.1%.
  
  However, the total farming area in Alberta has increased by 0.1%.Currently, Alberta is the top producer in the country forbarley, alfalfa, cattle and bison.The 2006 census illustrates a decline in cattle inventories by 3.7%, to 6.4 million cattle, despitean increase of 1.4% in the national inventory average.Technology is also starting to play an important role in agribusinesses as 47.4% of operations use computers for their businesses compared to only 40.7% using computers back in 2001.
  
  CHALLENGESAccording to the Conference Board of Canada, Alberta's economic growth should remain high due to oilsands investment and development and should stay strong over the medium term, until 2011.Challenges for Alberta include weaker economic growth in the United States, which accounts for 90% of Alberta's exports.
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  Alberta has proven itself to be in a league of its own as the economy continues to flourish year after year.It is no secret that the energy sector has a major role to play in Alberta's prosperity, as evidenced by the Venture 100 companies for 2006.

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