Governments worldwide are struggling to contain the social and economic impact of Covid-19. Economic recovery will hinge on the resilience of your economy – the capacity to bounce back from shocks such as Covid-19. What is the prospect for a rapid recovery? Alberta is a case in point. Our October sentiment survey’s findings are being released in 5 episodes. In this issue we are presenting Episode #2 highlighting how economic resilience differs by LOCATION.
The 1st Episode highlighted the overall status of Alberta’s economic diversification/ resilience and the factors influencing your sentiment. Episode #3 addresses resilience by SECTOR. The concluding Episodes #4 and #5 include your views on the role of government in economic development and an assessment of the effectiveness of Alberta’s Innovation Ecosystem and summary Recommendations.
The Alberta Government’s plan for Recovery released June 2020 HERE .
The Alberta Government’s recovery plan addresses “…the triple threat of the largest public health crisis in a century, the biggest global economic contraction since the 1930s, and an unprecedented collapse in energy prices.” The Plan includes what the Alberta Government proposes for “…building, diversifying, and most importantly creating jobs.”