Securing Tomorrow’s Prosperity University of Calgary – Faculty of Engineering Planning Workshop...
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![Page 1: Securing Tomorrow’s Prosperity University of Calgary – Faculty of Engineering Planning Workshop May 10, 2005 Rick Sloan Assistant Deputy Minister Industry.](https://reader030.fdocuments.in/reader030/viewer/2022032704/56649d605503460f94a41b16/html5/thumbnails/1.jpg)
Securing Tomorrow’s ProsperityUniversity of Calgary – Faculty of Engineering
Planning Workshop
May 10, 2005
Rick Sloan
Assistant Deputy MinisterIndustry and Regional Development Division
Alberta Economic Development
Securing Tomorrow’s ProsperityUniversity of Calgary – Faculty of Engineering
Planning Workshop
May 10, 2005
Rick Sloan
Assistant Deputy MinisterIndustry and Regional Development Division
Alberta Economic Development
![Page 2: Securing Tomorrow’s Prosperity University of Calgary – Faculty of Engineering Planning Workshop May 10, 2005 Rick Sloan Assistant Deputy Minister Industry.](https://reader030.fdocuments.in/reader030/viewer/2022032704/56649d605503460f94a41b16/html5/thumbnails/2.jpg)
Securing Tomorrow’s Prosperity Securing Tomorrow’s Prosperity
• Outlines a strategy for keeping Alberta’s economic base strong, competitive, sustainable and driven by knowledge and innovation.
• It is the economic pillar of government's strategic plan for the next 20 years."
• Outlines a strategy for keeping Alberta’s economic base strong, competitive, sustainable and driven by knowledge and innovation.
• It is the economic pillar of government's strategic plan for the next 20 years."
![Page 3: Securing Tomorrow’s Prosperity University of Calgary – Faculty of Engineering Planning Workshop May 10, 2005 Rick Sloan Assistant Deputy Minister Industry.](https://reader030.fdocuments.in/reader030/viewer/2022032704/56649d605503460f94a41b16/html5/thumbnails/3.jpg)
Changing Economic ConditionsChanging Economic Conditions
• World trade is moving from commodities to value added manufacturing and services.
• Alberta’s energy development is shifting from conventional to non-conventional resources.
• Global economics are shifting from industrial models to knowledge-based models
• World trade is moving from commodities to value added manufacturing and services.
• Alberta’s energy development is shifting from conventional to non-conventional resources.
• Global economics are shifting from industrial models to knowledge-based models
![Page 4: Securing Tomorrow’s Prosperity University of Calgary – Faculty of Engineering Planning Workshop May 10, 2005 Rick Sloan Assistant Deputy Minister Industry.](https://reader030.fdocuments.in/reader030/viewer/2022032704/56649d605503460f94a41b16/html5/thumbnails/4.jpg)
Time to Act is NowTime to Act is Now
• Global competition is intensifying. Other jurisdictions are not standing still.
• Alberta’s economy is strong
• Debt free
• Long-term economic strategy.
• Global competition is intensifying. Other jurisdictions are not standing still.
• Alberta’s economy is strong
• Debt free
• Long-term economic strategy.
![Page 5: Securing Tomorrow’s Prosperity University of Calgary – Faculty of Engineering Planning Workshop May 10, 2005 Rick Sloan Assistant Deputy Minister Industry.](https://reader030.fdocuments.in/reader030/viewer/2022032704/56649d605503460f94a41b16/html5/thumbnails/5.jpg)
![Page 6: Securing Tomorrow’s Prosperity University of Calgary – Faculty of Engineering Planning Workshop May 10, 2005 Rick Sloan Assistant Deputy Minister Industry.](https://reader030.fdocuments.in/reader030/viewer/2022032704/56649d605503460f94a41b16/html5/thumbnails/6.jpg)
Economy Has Performed WellEconomy Has Performed Well
0 50 100 150 200
Capital Intensity
UnemploymentRate
ManufacturingOutput Growth
EmploymentGrowth
GDP per capitagrowth
GDP per capita
Although Alberta’s economy has performed relatively well …Although Alberta’s economy has performed relatively well …
Better than AverageBelow Average
Jurisdiction Average =100
![Page 7: Securing Tomorrow’s Prosperity University of Calgary – Faculty of Engineering Planning Workshop May 10, 2005 Rick Sloan Assistant Deputy Minister Industry.](https://reader030.fdocuments.in/reader030/viewer/2022032704/56649d605503460f94a41b16/html5/thumbnails/7.jpg)
Goal: A Value-Added EconomyGoal: A Value-Added Economy
Progressively adding more value through resource upgrading, reprocessing, manufacturing or adding knowledge to adopt and commercialize new products, services and technologies.
Progressively adding more value through resource upgrading, reprocessing, manufacturing or adding knowledge to adopt and commercialize new products, services and technologies.
![Page 8: Securing Tomorrow’s Prosperity University of Calgary – Faculty of Engineering Planning Workshop May 10, 2005 Rick Sloan Assistant Deputy Minister Industry.](https://reader030.fdocuments.in/reader030/viewer/2022032704/56649d605503460f94a41b16/html5/thumbnails/8.jpg)
STP 4 Strategic DirectionsSTP 4 Strategic Directions
1. Enhance current competitive advantages
2. Improve and strengthen innovation
3. Grow and strengthen Alberta small and medium-sized companies (SMEs)
4. Focus on priority sectors
1. Enhance current competitive advantages
2. Improve and strengthen innovation
3. Grow and strengthen Alberta small and medium-sized companies (SMEs)
4. Focus on priority sectors
![Page 9: Securing Tomorrow’s Prosperity University of Calgary – Faculty of Engineering Planning Workshop May 10, 2005 Rick Sloan Assistant Deputy Minister Industry.](https://reader030.fdocuments.in/reader030/viewer/2022032704/56649d605503460f94a41b16/html5/thumbnails/9.jpg)
Enhance Competitive AdvantagesEnhance Competitive Advantages
Knowledge Ready Workforce
• Improve ability to educate, develop, attract and retain high knowledge workers and researchers
• Focus education/labour training on value-added needs
• Support recommendations in the Prepared for Growth Strategy.
Knowledge Ready Workforce
• Improve ability to educate, develop, attract and retain high knowledge workers and researchers
• Focus education/labour training on value-added needs
• Support recommendations in the Prepared for Growth Strategy.
![Page 10: Securing Tomorrow’s Prosperity University of Calgary – Faculty of Engineering Planning Workshop May 10, 2005 Rick Sloan Assistant Deputy Minister Industry.](https://reader030.fdocuments.in/reader030/viewer/2022032704/56649d605503460f94a41b16/html5/thumbnails/10.jpg)
Enhance Competitive AdvantagesEnhance Competitive Advantages
Competitive Business Climate
• Align tax strategies to support value added
• Minimize red-tape
• Attract investment
• Improve access to equity capital
Competitive Business Climate
• Align tax strategies to support value added
• Minimize red-tape
• Attract investment
• Improve access to equity capital
![Page 11: Securing Tomorrow’s Prosperity University of Calgary – Faculty of Engineering Planning Workshop May 10, 2005 Rick Sloan Assistant Deputy Minister Industry.](https://reader030.fdocuments.in/reader030/viewer/2022032704/56649d605503460f94a41b16/html5/thumbnails/11.jpg)
Enhance Competitive AdvantagesEnhance Competitive Advantages
Investment in Infrastructure
• Ensure that institutional facilities support objectives of strategy.
• Integrate transportation system
• Improve connectivity by supporting SuperNet
Investment in Infrastructure
• Ensure that institutional facilities support objectives of strategy.
• Integrate transportation system
• Improve connectivity by supporting SuperNet
![Page 12: Securing Tomorrow’s Prosperity University of Calgary – Faculty of Engineering Planning Workshop May 10, 2005 Rick Sloan Assistant Deputy Minister Industry.](https://reader030.fdocuments.in/reader030/viewer/2022032704/56649d605503460f94a41b16/html5/thumbnails/12.jpg)
Strategy 1: InitiativesStrategy 1: Initiatives
Enhance Current Competitive Advantages• Central Alberta Economic Partnership
Labour Force Strategy• Industry/Gov’t Hydrocarbon Upgrading
Taskforce• ACR Technology Roadmap• AB Budget (April 2005) $9.2 billion in Capital
Projects ($2.7 billion for health, schools and post secondary facilities)
Enhance Current Competitive Advantages• Central Alberta Economic Partnership
Labour Force Strategy• Industry/Gov’t Hydrocarbon Upgrading
Taskforce• ACR Technology Roadmap• AB Budget (April 2005) $9.2 billion in Capital
Projects ($2.7 billion for health, schools and post secondary facilities)
![Page 13: Securing Tomorrow’s Prosperity University of Calgary – Faculty of Engineering Planning Workshop May 10, 2005 Rick Sloan Assistant Deputy Minister Industry.](https://reader030.fdocuments.in/reader030/viewer/2022032704/56649d605503460f94a41b16/html5/thumbnails/13.jpg)
Improve/Strengthen InnovationImprove/Strengthen Innovation
• Develop a province-wide culture of innovation
• Increase the rate and amount of technology adoption, diffusion, and technology commercialization
• Focus and coordinate Alberta’s research investments
• Increase business investment in R&D
• Develop a province-wide culture of innovation
• Increase the rate and amount of technology adoption, diffusion, and technology commercialization
• Focus and coordinate Alberta’s research investments
• Increase business investment in R&D
![Page 14: Securing Tomorrow’s Prosperity University of Calgary – Faculty of Engineering Planning Workshop May 10, 2005 Rick Sloan Assistant Deputy Minister Industry.](https://reader030.fdocuments.in/reader030/viewer/2022032704/56649d605503460f94a41b16/html5/thumbnails/14.jpg)
ProfitProfit
ReinvestmentReinvestment
Discovery Discovery ResearchResearch
Applied Applied ResearchResearch
Technology Technology Adoption & Adoption &
CommercializationCommercialization
New & Improved New & Improved Products/Processes/ Products/Processes/
ServicesServices
Marketing Products, Marketing Products, Processes/ServicesProcesses/Services
Business Innovation ModelBusiness Innovation Model
![Page 15: Securing Tomorrow’s Prosperity University of Calgary – Faculty of Engineering Planning Workshop May 10, 2005 Rick Sloan Assistant Deputy Minister Industry.](https://reader030.fdocuments.in/reader030/viewer/2022032704/56649d605503460f94a41b16/html5/thumbnails/15.jpg)
Strategy 2: InitiativesStrategy 2: Initiatives
Improve/Strengthen Innovation
• Innovative Energy Technologies Program
• EnergyINet
• IBM Centre for Advanced Studies
• Carbon Dioxide Management Innovation Program
Improve/Strengthen Innovation
• Innovative Energy Technologies Program
• EnergyINet
• IBM Centre for Advanced Studies
• Carbon Dioxide Management Innovation Program
![Page 16: Securing Tomorrow’s Prosperity University of Calgary – Faculty of Engineering Planning Workshop May 10, 2005 Rick Sloan Assistant Deputy Minister Industry.](https://reader030.fdocuments.in/reader030/viewer/2022032704/56649d605503460f94a41b16/html5/thumbnails/16.jpg)
Grow & Strengthen SMEsGrow & Strengthen SMEs
• Management capacity
• Mentoring
• Networks and supply chains
• Market and export intelligence and development
• Management capacity
• Mentoring
• Networks and supply chains
• Market and export intelligence and development
![Page 17: Securing Tomorrow’s Prosperity University of Calgary – Faculty of Engineering Planning Workshop May 10, 2005 Rick Sloan Assistant Deputy Minister Industry.](https://reader030.fdocuments.in/reader030/viewer/2022032704/56649d605503460f94a41b16/html5/thumbnails/17.jpg)
Strategy 3: InitiativesStrategy 3: Initiatives
Grow & Strengthen SMEs• Canadian Manufacturers and Exporters
(CME) Lean Consortia• Agrivalue Processing Business
Incubator• NAIT/SAIT Microsoft Business
Solutions Centre• Bio-Technology Business Development
Centre (proposed)
Grow & Strengthen SMEs• Canadian Manufacturers and Exporters
(CME) Lean Consortia• Agrivalue Processing Business
Incubator• NAIT/SAIT Microsoft Business
Solutions Centre• Bio-Technology Business Development
Centre (proposed)
![Page 18: Securing Tomorrow’s Prosperity University of Calgary – Faculty of Engineering Planning Workshop May 10, 2005 Rick Sloan Assistant Deputy Minister Industry.](https://reader030.fdocuments.in/reader030/viewer/2022032704/56649d605503460f94a41b16/html5/thumbnails/18.jpg)
Focus on Priority SectorsFocus on Priority Sectors
• Energy Technologies and Services• Value-added Energy Products• Agri-food• Building/Wood products• Tourism• Information and Communication Technology • Health and Bio industries• Environmental Technologies and Services
• Energy Technologies and Services• Value-added Energy Products• Agri-food• Building/Wood products• Tourism• Information and Communication Technology • Health and Bio industries• Environmental Technologies and Services
![Page 19: Securing Tomorrow’s Prosperity University of Calgary – Faculty of Engineering Planning Workshop May 10, 2005 Rick Sloan Assistant Deputy Minister Industry.](https://reader030.fdocuments.in/reader030/viewer/2022032704/56649d605503460f94a41b16/html5/thumbnails/19.jpg)
Focus on Priority SectorsFocus on Priority Sectors
13.7
159.8
4.3
5
100.3 2
Energy Technology and servicesValue-added energy productsAgri-foodBuilding products and value-added woodTourismICTHealth and Bio industriesEnvironmental technologies
13.7
159.8
4.3
5
100.3 2
Energy Technology and servicesValue-added energy productsAgri-foodBuilding products and value-added woodTourismICTHealth and Bio industriesEnvironmental technologies
19
20
206.39.5
30
0.9 4.5 19
20
206.39.5
30
0.9 4.5
10-12 Future years’ Revenue (Sales $110 billion)10-12 Future years’ Revenue (Sales $110 billion)
2002 Revenue (Sales $60 Billion)2002 Revenue (Sales $60 Billion)
![Page 20: Securing Tomorrow’s Prosperity University of Calgary – Faculty of Engineering Planning Workshop May 10, 2005 Rick Sloan Assistant Deputy Minister Industry.](https://reader030.fdocuments.in/reader030/viewer/2022032704/56649d605503460f94a41b16/html5/thumbnails/20.jpg)
$0
$2,000
$4,000
$6,000
$8,000
$10,000
$12,000
1994 1995 1996 1997 1998 1999 2000 2001 2002 2003 2004
Year
$ m
illi
on
s
$0
$2,000
$4,000
$6,000
$8,000
$10,000
$12,000
1994 1995 1996 1997 1998 1999 2000 2001 2002 2003 2004
Year
$ m
illi
on
s
Value of Alberta Manufacturing Shipments
Value of Alberta Manufacturing Shipments
Food & Beverage
Chemical & Chemical ProductsRefined Petroleum & Coal Products
Computer & Electronic Products
Fabricated Metal Products
Machinery
![Page 21: Securing Tomorrow’s Prosperity University of Calgary – Faculty of Engineering Planning Workshop May 10, 2005 Rick Sloan Assistant Deputy Minister Industry.](https://reader030.fdocuments.in/reader030/viewer/2022032704/56649d605503460f94a41b16/html5/thumbnails/21.jpg)
AEC Sector StrategyAEC Sector Strategy
Vision
Develop, diversify and organize the sector to successfully compete globally, create wealth and sustain their key position in the Alberta economy…
Strategies
– Raise Sector Profile– Encourage Better Practices– Address Skilled Labour Shortages– Facilitate Alliances, Supply Chain Development &
Business
Vision
Develop, diversify and organize the sector to successfully compete globally, create wealth and sustain their key position in the Alberta economy…
Strategies
– Raise Sector Profile– Encourage Better Practices– Address Skilled Labour Shortages– Facilitate Alliances, Supply Chain Development &
Business
![Page 22: Securing Tomorrow’s Prosperity University of Calgary – Faculty of Engineering Planning Workshop May 10, 2005 Rick Sloan Assistant Deputy Minister Industry.](https://reader030.fdocuments.in/reader030/viewer/2022032704/56649d605503460f94a41b16/html5/thumbnails/22.jpg)
AEC Sector Team InitiativesAEC Sector Team Initiatives
• COAA’s Alberta Construction Workforce Supply Demand Forecast
• Provincial Nominee Program (PNP)
• Alberta Economic Development Authority’s Report Mega Project Excellence: Preparing for Alberta’s Legacy
• COAA’s Alberta Construction Workforce Supply Demand Forecast
• Provincial Nominee Program (PNP)
• Alberta Economic Development Authority’s Report Mega Project Excellence: Preparing for Alberta’s Legacy
![Page 23: Securing Tomorrow’s Prosperity University of Calgary – Faculty of Engineering Planning Workshop May 10, 2005 Rick Sloan Assistant Deputy Minister Industry.](https://reader030.fdocuments.in/reader030/viewer/2022032704/56649d605503460f94a41b16/html5/thumbnails/23.jpg)
Post-Secondary Supportfor STP
Post-Secondary Supportfor STP
• Hewlett Packard Grid Research Centre, U of C
• 15,000 new post secondary spaces to be added in next 3 years
• $250 million added to endowment funds for medical, and science and engineering research
• Hewlett Packard Grid Research Centre, U of C
• 15,000 new post secondary spaces to be added in next 3 years
• $250 million added to endowment funds for medical, and science and engineering research
![Page 24: Securing Tomorrow’s Prosperity University of Calgary – Faculty of Engineering Planning Workshop May 10, 2005 Rick Sloan Assistant Deputy Minister Industry.](https://reader030.fdocuments.in/reader030/viewer/2022032704/56649d605503460f94a41b16/html5/thumbnails/24.jpg)
Lean Manufacturing ProgramLean Manufacturing Program
• Competitive Assessment, Improvement Recommendation & Implementation Assistance
• Workshops, Training Sessions and Lean Conference
• Increased productivity & profitability
• Program Expansion
• Competitive Assessment, Improvement Recommendation & Implementation Assistance
• Workshops, Training Sessions and Lean Conference
• Increased productivity & profitability
• Program Expansion
![Page 25: Securing Tomorrow’s Prosperity University of Calgary – Faculty of Engineering Planning Workshop May 10, 2005 Rick Sloan Assistant Deputy Minister Industry.](https://reader030.fdocuments.in/reader030/viewer/2022032704/56649d605503460f94a41b16/html5/thumbnails/25.jpg)
Securing Tomorrow’s ProsperitySecuring Tomorrow’s Prosperity
QuestionsQuestions