Alberta launches 5-year plan to boost rural economies

Alberta announced a five-year plan to strengthen rural communities through investment in infrastructure, tourism, skills development and entrepreneurship. It coordinates some already ongoing initiatives and adds new ones, totaling more than $1.5 billion.

Nate Horner, Secretary of State for Agriculture and Irrigation, said in Wednesday’s announcement: “We all have these cogs turning independently. The hope behind this plan is that we will bring everything together. … This will enable that communication at the intergovernmental and intergovernmental levels. Transportation, healthcare, broadband – all of these things are important to our communities.”

Connecting rural Alberta to high-speed internet by 2026 is part of the initiative. Transport infrastructure, another part of it, will help both tourism and business.

“It’s not a problem getting people into the Rockies, what about the rest of the province?” Horner said. Marketing will help attract tourists but also address issues like the blue-green algae that fill some lakes due to runoff from homes and farms.]

The province will continue to expand its agri-food industry and invest $2.5 million in workforce recruitment and retention. It will fund Alberta’s nine regional economic development alliances with $125,000 each.

This plan will help coordinate several previously announced initiatives, including: $933 million for irrigation infrastructure, $390 million for broadband deployment, $78 million to fund active capital preservation and renewal projects in rural Alberta, $59 million to address a critical shortage of large animal veterinarians, $70 million to attract film production to the province, and $8 million to support indigenous communities’ participation in rural economic growth.

Horner said new initiatives will also be announced as part of the 2023 budget.

READ :  U.S. factories emerge as a strong point in a weakening economy

Brian Jean, Secretary of State for Labour, Business and Northern Development, said at the announcement: “Alberta’s economy is booming. We’re fine, we’re the national leader. Weekly earnings are up, venture capital is a record this year, above last year which was a record year.” He said the government is investing in bringing prosperity to all Albertans, including those in need help

Jean said, “With strengths in oil and gas, agriculture, forestry, tourism and new technology, Alberta’s rural and northern communities form the backbone of our province’s economy. The actions identified in this plan will benefit rural and northern Albertans for years to come.”

Tara MacIsaac

​​Tara MacIsaac is a reporter for the Epoch Times in Toronto.

Leave a Reply

Your email address will not be published. Required fields are marked *