Alberta Premier Calls for Unified Government Action to Boost Canadian Productivity

Danielle Smith emphasizes the need for federal and provincial collaboration to address regulatory barriers and improve economic efficiency.

Canada's productivity crisis is highlighted by a 0.6% decline over five years, while U.S. productivity grew by 10.1% in the same period.
Alberta's oil and gas sector, although the most productive in Canada, has seen a 0.5% annual decline since 2019 due to regulatory challenges.
Experts propose reducing interprovincial trade barriers, which could increase Canada's GDP per capita by up to 4%.
Investments in carbon capture technology and skills training are suggested to enhance productivity and reduce emissions.
Finance Minister Nate Horner supports cooperative efforts among provinces to expand the economic 'pie' rather than compete for existing resources.