28-05-2025
Wednesday's letters: Research cuts hurt Alberta economy
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Yet again, Alberta divests from innovation and weakens industry. Does the government not want research or biotechnology sectors? There is a clear, unsettling pattern of Alberta defunding non-oil industry incentives — to its detriment.
In 2019, my friend almost moved to Calgary for a video game company, but Kenney scrapped the Interactive Digital Media Tax Credit. Now, my friend works for Meta and remains in Ontario. Alberta is left out of the benefits of his generous salary, all by its own doing. Imagine if he had the chance to grow a tech business in Alberta back then. Now, Smith is doing the same for medical research and biotech. The public must be aware that the government is disincentivizing non-oil industries and good opportunities for the province, and is keeping business away.
