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Tag: Talent

Talent in the Edmonton Metropolitan Region

Edmonton Global has launched their latest video highlighting another regional asset of the Edmonton Metropolitan Region –  Talent.

A changing global landscape highlights the importance of talent

“The world is fundamentally changing and so are the practices of growing companies.” said Malcolm Bruce, CEO of Edmonton Global. “In the past, companies have been able to pull people to them. Now companies are the ones on the move and they are going where the talent is. The Edmonton Metropolitan Region produces an incredible amount and diversity of talented people and we’re increasingly attracting people to move here for academic research, to start or expand companies, and to be part of the new economy we’re building.”

Recent changes to the United States Visa programs an opportunity for Canada

Recent changes to the United States Visa programs are making it more difficult for companies to bring in foreign talent. “We need to be on the radar of companies looking to access North American markets and setting up teams,” commented Malcolm. “We need to raise our profile and do more to show off what’s happening here.” The new Talent video and our previous series on the sectors driving the Edmonton Metropolitan Region’s economy are part of building awareness of the region among companies from around the world who are looking to expand. “We want companies to know – if you’re looking to access talent and a community that is open, welcoming, and inclusive, look north to Canada and the Edmonton Metropolitan Region.”

The proposed changes to the United States Visa programs may also make it challenging for international students to continue studying at US universities and colleges. “This presents a significant opportunity for Canada, both for attracting international investment and international students,” commented Malcolm. “Globally recognized top institutions like the University of Alberta can play a key role in attracting some of the world’s best young minds to Canada. And with programs at both the Provincial and National level to fast track citizenship, our goal is to keep them here.” 

You can afford to build a life here

The Edmonton Metropolitan Region’s high quality of life, diverse economy, high average salaries, and low cost of living make it very attractive to young people and young families. It’s the second youngest region in Canada and has been ranked as the best community in Canada for youth and youth work in Youthful Cities 2019 Urban Work Index

INNOVATION IS KEY TO THE “NEW NORMAL”

Lately, we’ve been hearing a lot about the “new normal” – what the world will look like after this global pandemic has left its mark on every aspect of our lives. For us at Alberta Innovates, we are always talking about the next bold idea or the next big shift that has the potential to change how we go about our day to day lives. This creativity is at the heart of innovation – ways that we can use new knowledge or technologies to solve problems and create new opportunities.

“It’s no secret that innovative economies create highly skilled jobs, higher wages, more productivity and exports, and are generally more competitive.”

Innovation is key to growing Albert’a economy, expanding our markets and most importantly, generating new and different opportunities for Albertans. Often, people think that innovation is just technology – but it’s far greater than that.

  • Alberta is home to Canada’s largest integrated provincial health-care system producing unprecedented amounts of data. Digital health technologies and artificial intelligence can accelerate improvements in nearly every aspect of the quality and long-term sustainability of our health system and the health of Albertans.
  • Our agricultural sector is using advanced sensors, remote monitoring, automation, artificial intelligence and blockchain technology creating sustainable production, new digital jobs and improved food security at home and worldwide.
  • Alberta is home to natural materials needed to responsibly supply global demand for carbon fibre, asphalt, polymers, vanadium and other innovative hydrocarbon products. Markets for these advanced materials are estimated to reach more than $212 billion by 2030.
  • Alberta is a global leader in artificial intelligence and machine learning thanks to 20 years of publicly funded research. Artificial intelligence is estimated to add up to $16 trillion to global economic output over the next decade and is already transforming every sector and region.

Innovation isn’t new for Alberta. It’s been the backbone of our economy for a century and has lead to global leadership in many sectors.

Looking to the next 100 years, our support for innovators, entrepreneurship, and work with industry leaders must continue. Innovation will solve challenges and build new capacity in the digital economy – from health to smart agriculture and advanced hydrocarbons – all of which leverage existing advantages and strengths.

The creation and commercialization of new technologies and knowledge-based products is key to Alberta’s future. We have all the pieces in place to build a technology-rich economy that will allow us to compete with other global leaders. Alberta has an active investment capital market, leading universities and the supports to move startups to scale and market commercialization sooner.

It’s no secret that innovative economies create highly skilled jobs, higher wages, more productivity and exports, and are generally more competitive. Holding fast to the status quo is not an option – we need to support, celebrate and build up Alberta’s innovation culture – the unique combination of human ingenuity and resources which are abundant in Alberta. It’s going to take resolve and coordination to shift priorities and concentrate efforts that position Alberta for the advantages and opportunities a research and innovation economy can bring. But the size of the prize is immense.

Through innovation, we have the opportunity of a century to shape the future and to strengthen economic resilience for Albertans today and generations to come.

 

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