job creation

The Alberta Federation of Labour (AFL) recently published an industrial blueprint on how to create 200,000 energy jobs in Alberta as we build a sustainable economy by 2050. This report weaves together key points of the AFL’s plan with insights from financial institutions and policy research groups, as well as contextualization and information provided by Parkland Institute’s February 2022 conference, “Implementing a Just Transition.”

This report explains how the four biggest oil sands companies received $4.3 billion in tax cuts from the UCP government since 2019 through the so-called “Job Creation Tax Cut,” while at the same time eliminating thousands of employees from their payrolls. The research shows the Big Four used the tax giveaway to increase executives’ pay and boost cash transfers to shareholders, while accelerating automation and cutting jobs.