Danielle Smith news conference image
EDMONTON — Premier Danielle Smith and three Alberta cabinet ministers are pitching the province to some of the world’s largest investors at the inaugural Canada Investment Summit.
Jobs, Economy, Trade and Immigration Minister Joseph Schow, Agriculture and Irrigation Minister Tara Sawyer and Technology and Innovation Minister Nate Glubish are joining Smith at the summit.
Representatives from Invest Alberta Corporation and the Alberta Investment Management Corporation are also taking part.
The province says Team Alberta will meet with more than 100 investors from global capital firms representing a combined investment pool of more than $50 trillion.
Alberta plans to promote projects and investment opportunities across sectors including energy, critical minerals, carbon capture and storage, agriculture, forestry, life sciences, aerospace and defence, artificial intelligence, advanced manufacturing and technology.
“This summit is an opportunity to sit down directly with some of the world’s largest investors and show them why Alberta is one of the best places in the world to put their capital to work,” Smith said.
“We’re going to keep competing for investment that creates jobs, grows our economy and delivers new opportunities for Albertans.”
The province has compiled 34 projects in an Alberta Deal Book to present to potential investors and has also contributed projects to the federal government’s Canada Deal Book.
Projects included in Alberta’s book require about $200 million or more in capital and must have reached an advanced stage of development.
The province says projects must also demonstrate a clear path toward a final investment decision and financial viability, along with progress on regulatory requirements and realistic timelines.
Schow said Alberta will use the summit to highlight the province’s workforce, resources, land and regulatory environment.
Alberta is also promoting its agriculture and agri-food sector, along with its growing technology and artificial intelligence industries.
The province pointed to several major private-sector investments already underway or announced in Alberta, including Dow’s more than $10.1-billion net-zero petrochemical facility in Fort Saskatchewan and a related $2-billion clean hydrogen facility from Linde.
Other examples include CGC’s $210-million wallboard manufacturing plant in Wheatland County and Lufthansa Technik Canada’s $120-million aircraft engine maintenance and repair facility and Canadian headquarters in Calgary.
The province says new investment and business growth since 2019 have contributed to almost 300,000 more Albertans being employed.
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