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Chemistry sector leads the way in supporting Alberta’s economic diversification

After a tough few years following the global downturn in oil prices, numerous economic indicators now predict that Alberta is set to have one of the fastest growing provincial economies in Canada in 2018. At CIAC, we are very pleased with the recent measures the provincial government has taken to help push Alberta’s economic recovery […]

Federal government needed as partner to drive Canadian growth in the global chemistry sector

In the summer, CIAC made a submission on the 2018 pre-budget consultations to the House of Commons Standing Committee on Finance, and on September 20th, Bob Masterson, CIAC President and CEO, had the opportunity to appear before the committee to address the recommendations. 

The key messages laid out in Masterson’s remarks were the importance of federal investment for the Canadian chemistry industry and how the federal government can help support the sector.

Masterson at CERI Petrochemical Conference: “Canada’s federal and provincial governments need to row in the same direction.”

On June 6, Bob Masterson, CIAC president and CEO, gave the keynote address at the CERI Petrochemical Conference in Kananaskis, Alberta: “Rowing in the Same Direction – What’s Needed to Realize Petrochemical Investment in Canada.” He addressed concerns related to the changing nature of Canada-U.S. relations and how industry and government can – and need – to work together for Canada to keep its place in the global economy. 

Op-Ed: Time for Canada to take notice of Alberta’s chemistry sector

“As the political environment to the south continues to be highly uncertain, some global investors may look to more stable environments to support their next major capital investments,” Bob Masterson, CIAC President and CEO writes for the Edmonton Journal. 

Now is the time for Canada to pay more attention to Alberta’s potential, and build on the momentum generated by the provincial government to support further growth.

CIAC discusses NAFTA, lagging Canadian chemistry investment with Standing Committee on Foreign Affairs and International Development

On May 18th, David Podruzny, CIAC Vice-President, Business and Economics, appeared in front of the Standing Committee on Foreign Affairs and International Development to discuss the importance of trade  to the chemistry sector. “If we are to retain and grow this valuable sector, which contributes to our quality of life and provides solutions to global challenges, we must respond – Canadian policy must be shaped to win, to make a difference,” Podruzny said. 

CIAC identifies NAFTA improvements, stresses need to address competitiveness and open new markets

On May 16th, Bob Masterson, CIAC President and CEO, and David Podruzny, Vice-President Business and Economics, appeared in front of the Standing Committee on International Trade to discuss trade policies for the chemistry industry. “It is clear that free and fair trade in chemicals will remain of vital importance for this industry to realize the contributions demanded from it in the coming decades,” Masterson said.

Chemistry sector investors call on federal government to increase engagement

On May 3, CIAC president and CEO Bob Masterson and David Podruzny, Vice-President of Economics, along with representatives from the Canadian chemical industry, met with members of the federal government to highlight how the chemistry industry can be a solutions provider to the government’s agenda.

The industry continues to grow at a rapid pace, but more investment from the federal government would help support several upcoming projects. 

Chemistry industry needs federal engagement to win investment projects

As the Liberal government looks to attract considerably higher rates of foreign investment into innovative sectors with high growth prospects, more attention needs to be paid to Canada’s chemistry sector. Currently, there are more than $12 billion in investments representing four global scale chemistry projects awaiting decision by year’s end that would create hundreds of […]

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