The Alberta Legislature is Back in Session: What Business Leaders Need to Know
October 28th marked the return of the Alberta Legislature, launching a session that will influence key areas of health care, energy, and provincial-federal relations. With a leadership review on the horizon, Premier Danielle Smith’s government aims to solidify its position by advancing pro-business policies and reforms. Business leaders should track these developments closely, as they could create new opportunities across several sectors.
Leadership Review: A Pivotal Moment for Policy Direction
Premier Danielle Smith’s leadership review is expected to take place this coming weekend. The Premier is widely expected to pass the review. Once the review is behind her, Smith’s focus will shift to pushing forward her legislative agenda—one designed to cut red tape, attract investment, and build momentum ahead of the next election.
For businesses, the expected positive outcome of the review will signal whether the government is well-positioned to implement its pro-growth policies without distraction. A smooth leadership outcome will reinforce stability, giving companies greater confidence to invest and engage with government initiatives.
Next steps for business: Now is the time to engage with the government on key policy areas, as the government moves through the second year of its four-year mandate.
Restructuring Alberta Health Services: New Opportunities for Private Partners
The restructuring of Alberta’s health care system is a top priority this session. The government is focused on improving service delivery, reducing administrative overhead, and redirecting resources toward frontline care. This overhaul will create new opportunities for private providers, technology firms, and pharmaceutical companies to collaborate with new health organizations.
Key timelines: Businesses offering digital health solutions, specialized care, or workplace wellness programs should prepare to engage now as new health bodies are established.
Impact for businesses:
- Improvements in health service delivery as the government looks to improve services and wait times.
- Continued action on government efforts to streamline health service delivery in Alberta.
A Renewed Energy Sector Strategy: Cutting Red Tape
Alberta’s energy sector is set to benefit from regulatory streamlining efforts. The government has expressed frustration with the federal Liberal government’s Impact Assessment Act, citing delays and uncertainty in project approvals. This session will see Alberta push for greater provincial autonomy over resource management, aiming to create a more predictable environment for energy investments.
This shift is a promising development not just for oil and gas producers but also for construction, engineering, and environmental firms tied to energy projects. Furthermore, the government is expected to maintain its focus on renewable energy opportunities, with potential incentives for hydrogen development, carbon capture, and clean tech.
Implications for businesses:
- Construction and service providers will benefit from increased demand as new energy initiatives move forward.
- Renewables and clean tech investors should stay alert for new government incentives.
Next step: Now is the time to engage with provincial policymakers and position your business to benefit from the streamlined regulatory framework.
Strengthening Federal-Provincial Relations
The Alberta government has reiterated its commitment to an “Alberta First” approach, advocating for greater provincial control over energy and economic policies. Tensions with Ottawa remain high, but with federal elections looming, Alberta is preparing for the possibility of a more cooperative federal government. A shift in leadership in Ottawa could create new collaboration opportunities and ease tensions that have previously slowed progress on resource sector projects.
Economic outlook: If the government succeeds in reducing regulatory friction, analysts anticipate increased investment and job creation, with multiple sectors—including energy, construction, and health—set to benefit.
Key Takeaways for Business Leaders
- Premier Smith’s leadership review is a key milestone—expect the government to accelerate its legislative agenda once it’s complete.
- Renewables and clean tech remain a focus—watch for new incentives tied to hydrogen and carbon capture.
- Alberta’s government is positioning for improved relations with Ottawa—changes at the federal level could unlock new opportunities for Alberta’s business community.
Recommended Next Steps for Businesses
- Engage with policymakers now to align with government priorities and take advantage of new opportunities.
- Monitor the leadership review’s outcome to understand the stability and direction of Alberta’s policy agenda.
- Prepare for procurement shifts under AHS restructuring by Q1 2025.
- Position your company for energy sector growth by preparing proposals and partnerships.
- Stay updated on federal election outcomes to anticipate changes in federal-provincial dynamics.
- Reach out to Wellington Advocacy for tailored advice on how your business can leverage upcoming policy shifts.
The Bottom Line
This legislative session will shape Alberta’s economic future, with significant changes in health care, energy policy, and government relations. Once Premier Smith’s leadership review is behind her, expect accelerated policy action—offering businesses greater clarity and opportunity heading into 2025. Companies that engage early and align with government priorities will be best positioned to benefit from these shifts.
Need help navigating the changes? Contact Wellington Advocacy to explore how we can assist your business in building the right relationships and seizing new opportunities in Alberta.