October 2024 MLA Report – Calgary North – Muhammad Yaseen

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Calgary North

Happy Thanksgiving! May this holiday bring new blessings and deepen the appreciation for those you already cherish.

Alberta is booming, leading Canada in job creation and capital investments, and our government is laser-focused on maintaining Alberta’s competitive advantage, to ensure businesses and industry can thrive, innovate, and create jobs for generations to come.

Recent data from Statistics Canada for July shows that, Alberta created 46,400 full-time jobs. Our economy is diversifying as well, with job numbers up across a variety of sectors, including construction, natural resources, health care, social assistance, and education.

The latest data from the Canadian Venture Capital and Private Equity Association highlights Alberta as a powerhouse in venture capital investment. Alberta’s technology and innovation sector has been building momentum for a while, but in the past five years, we have seen exponential growth. In total, Alberta companies raised an impressive $383 million across 41 deals in the first half of this year. The continued growth of venture capital investments is great news for Alberta because with this new investment comes new, high-paying jobs.

Alberta’s government is providing $5 million from the industry-funded TIER program to expand technology that turns natural waste from Alberta’s oil and gas sector into a valuable mineral used to create batteries for smartphones, electric vehicles, and more. We are creating a brighter energy future, positioning Alberta as a preferred global supplier of lithium while stimulating investment, diversifying the economy, and creating jobs here at home.

Special thanks to my constituents for their continued support as I carry out my duties as your MLA.

MLA – Calgary North Muhammad Yaseen proudly serves the following Communities: Carrington, Evanston, Hidden Valley, Panorama Hills