promoting job creation and diversification act

Province of Alberta
PROMOTING JOB CREATION
AND DIVERSIFICATION ACT
Statutes of Alberta, 2016
Chapter P-26.3
Assented to May 27, 2016
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PROMOTING JOB CREATION AND
DIVERSIFICATION ACT
Chapter P-26.3
Table of Contents
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2
3
4
5
Definition
Establishment of programs
Regulations
Reports
Advisory panels or committees
Preamble
WHEREAS Albertans desire a prosperous and vibrant economy
that offers employment opportunities for Albertans of different
skills and backgrounds;
WHEREAS all areas of Alberta, from rural communities and
indigenous communities to the largest cities, will benefit from a
stronger and more diversified economy;
WHEREAS the Government is committed to supporting working
people and their families and supporting businesses in their efforts
to create and retain jobs and to diversify the products and services
Albertans sell and the markets Albertans sell into;
WHEREAS by harnessing the opportunity for diversification and
investment, Albertans can realize additional jobs and benefits from
Alberta’s many resources; and
WHEREAS accessing additional markets will give Alberta
exporters and manufacturers more opportunities, choice and
certainty;
THEREFORE HER MAJESTY, by and with the advice and
consent of the Legislative Assembly of Alberta, enacts as follows:
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PROMOTING JOB CREATION AND
DIVERSIFICATION ACT
Section 1
2016
Chapter P-26.3
Definition
1 In this Act, “Minister” means the Minister determined under
section 16 of the Government Organization Act as the Minister
responsible for this Act.
Establishment of programs
2 The Minister may establish programs that focus on supporting
working people and job creators, attracting investment and
diversifying Alberta’s economy, including, without limitation,
programs that
(a) create partnerships that support entrepreneurship and a focus
on innovation,
(b) increase access to capital,
(c) help businesses to grow and succeed,
(d) help working people upgrade their skills and secure
employment,
(e) help communities and regions build on their economic
strengths,
(f) increase the development and adoption of Alberta
innovations, and
(g) support export development.
Regulations
3(1) The Minister may, if regulations are necessary to give effect
to a program to be established under section 2, make regulations
respecting the program, including its implementation.
(2) Despite subsection (1), if the Minister wishes to establish an
investor tax credit program or a capital investment tax program, the
Minister must introduce in the Assembly a bill to establish that tax
program.
Reports
4 The Minister must annually, and more frequently if the Premier
directs, report to the Executive Council on the Minister’s progress
in establishing and implementing any programs under section 2.
2
Section 5
PROMOTING JOB CREATION AND
DIVERSIFICATION ACT
2016
Chapter P-26.3
Advisory panels or committees
5 The Minister may establish any panels or committees the
Minister considers necessary to provide advice and
recommendations regarding
(a) improving the current state of Alberta’s economy, including
proposals from industry, business, labour groups and
academics on actions to improve economic prosperity in
Alberta, and
(b) measuring the success of current initiatives and programs
designed to improve economic prosperity in Alberta.
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