Alberta Minute: Insurers Exit, Parks Survey, and Recognizing Foreign Credentials

Alberta Minute: Insurers Exit, Parks Survey, and Recognizing Foreign Credentials

Alberta Minute - Your weekly one-minute summary of Alberta politics.


Alberta Legislature by IQRemix on Flickr


This Week In Alberta:

  • The Province is updating its 2009 Plan for Parks to address a double-digit population increase from 2009 to 2022 that has led to higher visitation and increased pressure on park landscapes. A recent survey showed strong public support for protecting more land, and the new strategic plan will consider public input on enhancing recreation, conservation, and Indigenous-led initiatives. A draft plan will be shared later, allowing for additional feedback in a subsequent phase. An engagement survey can be taken online and is open until August 18th.

  • The federal government is allocating $39 million to support 10 projects in Alberta aimed at aiding communities transitioning from coal-powered energy. Of this, $29.9 million is dedicated to Parkland County for infrastructure upgrades and redevelopment projects, addressing the loss of 800 jobs due to the coal phaseout. Projects include upgrades to the Wabamun wastewater facility and key intersections on Highway 16A. Additional funds are allocated for community development in places like Forestburg, Castor, and Coronation.

  • The Province is launching a new advisory committee aimed at enhancing Alberta’s system for recognizing foreign credentials. This initiative aims to expedite the integration of internationally trained professionals into Alberta's workforce. Led by Dr. Misheck Mwaba, the 13-member committee includes representatives from industry, regulatory bodies, educational institutions, and individuals experienced in navigating the credential recognition system. Their mandate includes providing recommendations to improve the assessment and recognition of foreign qualifications, with a report due by June 28th, 2025.



Last Week In Alberta:

  • Alberta and the Northwest Territories have signed a Memorandum of Understanding to collaborate on economic corridors, aiming to boost growth and development across both regions. This initiative seeks to enhance transportation efficiency and infrastructure like road networks, supporting the movement of resources including minerals and energy products. The agreement also prioritizes reducing regulatory barriers for commercial vehicles and promoting sustainable growth through regional connectivity and reliable energy solutions. Joint efforts will include driver training services, Indigenous community partnerships, and advocacy for federal support.

  • S&Y Insurance Company, a subsidiary of Aviva, has announced its decision to exit Alberta's auto insurance market, becoming the third insurer to do so within the past year and the second in just three weeks. Aviva cited unsustainable litigation costs as the primary reason for withdrawing its home and auto business starting January 2025. Similarly, Sonnet Insurance previously declared its intention to leave Alberta's auto insurance market due to limited profitability opportunities. Both companies will continue to serve existing customers until their respective withdrawal dates. Alberta's government is aware of these exits, representing a small fraction of the province's vehicles, and is working on long-term reforms to address insurance affordability and stabilize the industry amidst rising cost pressures.

  • The Province announced it will invest $15 million over five years into the Natural Gas Innovation Fund (NGIF) Accelerator’s Emissions Testing Centre program. This initiative aims to support Alberta companies by providing free testing facilities for new technologies that reduce methane emissions in both laboratory and live settings. Minister Rebecca Schulz emphasized the importance of removing barriers for startup growth, creating jobs, and ensuring a sustainable oil and gas sector. The program, established in 2021, has already facilitated testing for over 70 companies, advancing technologies that contribute to emission reduction goals locally and globally.



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  • Alberta Institute
    published this page in News 2024-07-07 21:55:19 -0600