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New Strategic Innovation Fund will drive major investments in Canada’s chemistry sector

On June 5, Innovation, Science and Economic Development Minister Navdeep Bains launched the Strategic Innovation Fund, a new program to attract and support business investments across all sectors of the economy.

“Consistent with the articulated goals, this fund will assist in attracting and retaining large scale chemistry investments in Canada,” said Bob Masterson, CIAC President and CEO.

Alberta’s energy diversification should focus on converting energy into manufactured products and adding value to natural gas

On March 20, Bob Masterson, the Chemistry Industry Association of Canada’s (CIAC) President and CEO, along with the Chairs of CIAC’s National and Alberta Business & Economics committees, appeared before the Energy Diversification Advisory Committee in Edmonton to deliver CIAC’s recommendations on adding value to Alberta’s energy resources.

Chemistry industry sees manufacturing growth key to economic recovery in Alberta’s Budget 2017

In the 2017 budget, CIAC noted several references of ongoing confidence in recent and projected new investments in the manufacturing sector as crucial components that will help anchor economic recovery in Alberta.  “There are tremendous opportunities ahead of us,” said CIAC President and CEO Bob Masterson, “with a number of potential investments that will help diversify Alberta’s economy, and deliver jobs and economic growth for the province and all Albertans.”

North American chemistry industry associations release joint statement on priorities for potential NAFTA modernization

On March 1, 2017, the North American chemistry industry, represented by the Chemistry Industry Association of Canada (CIAC), the American Chemistry Council (ACC), and Mexico’s, Asociación Nacional de la Industria Química (ANIQ), released a joint statement outlining the industry’s priorities for a potential renegotiation of the North American Free Trade Agreement (NAFTA).

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