Alberta
Making money matter to Alberta students
Alberta’s government is getting students the training they need to better understand saving, budgeting, spending and investing.
To make sure junior and senior high students have the financial knowledge for today’s world, Alberta’s government is releasing a call for grant proposals totaling $1 million. The successful organization, or group of organizations, will work with schools to provide financial literacy programming to students starting in fall 2021.
Students will study financial concepts such as costs, interest, debt, investing, insurance and how the economy affects their lives. This call for grant proposals will expand learning opportunities to students in classrooms across the province.
“For the first time in a meaningful way, financial literacy is being addressed across multiple subjects and grades in an age-appropriate way in our province. Understanding how money works will help students gain confidence, solve practical problems and prepare them for the future.”
“Strong financial management is the foundation of a successful economy. Likewise, it’s an essential life skill that can add immense value to one’s personal endeavours. This is why I’m proud of the $1 million investment in financial literacy education, which will support our youth transitioning into adulthood and better equip them for personal and professional success.”
“Integrating financial literacy concepts across multiple grades will help to ensure we don’t just prepare students for a successful career, but for a successful life. Teaching financial literacy will empower countless Alberta students with the foundational tools needed not only to manage their finances, but to build their own business. These are essential skills for our changing economy.”
“It’s never too early to become financially literate. The ability to understand finances, in terms of budgets, income, expenses, saving, borrowing, credit – this is knowledge, skills and practices that will not only last one’s entire life, but enable young Albertans to set themselves up for success and to lead a prosperous life. Students are Alberta’s future entrepreneurs – future business owners, restauranteurs, innovators, creators – all roles that require sound knowledge and insight into finances and budgets. I applaud the Government of Alberta for investing in the financial literacy of Alberta’s next generation.”
This call for grant proposals builds on successful current financial literacy programs, including those offered by Enriched Academy and Junior Achievement in the 2020/21 school year. These organizations have been working with 39,000 students in Grades 4 to 12 in the past year – in urban and rural communities.
“Normally, the seriousness involved in personal financial literacy can be overlooked when you’re 15 or 16. But through this training, my students and I have been able to have meaningful, quality conversations about investing, credit, debt and so much more.”
“Before joining Junior Achievement, all I knew was that companies pay their employees, and people have to budget their own money. However, after joining, I learned that there are so many more steps and so much effort goes into this. I’ve also learned all about making decisions that financially benefit a business or individual – break-even points, budgeting, investing, financial management and so many more financial skills. This program has made a change in my life for the better.”
By focusing on financial literacy, Alberta’s government aligns with the Ministerial Order on Student Learning released last fall. Developed following consultations with parents, teachers and education experts, it calls for students to acquire competence in managing personal finances.
Financial literacy was also among recommendations from Alberta’s independent curriculum advisory panel. In their report, the panel noted students may leave Grade 12 without the basic skills necessary to transition successfully into life after high school. They recommended financial literacy, work readiness, wellness and goal-setting to enhance student learning.
As part of the work to refocus on essential knowledge in Alberta’s elementary schools, financial literacy is also a key component of Alberta’s draft kindergarten to grade 6 curriculum, under the theme of practical skills. In the draft, all students will study financial literacy in all subjects and grades – from counting coins to creating a budget.
Quick facts
- Details on the call for grant proposals will be available in May through the Alberta Purchasing Connection.
Alberta
They never wanted a pipeline! – Deputy Conservative Leader Melissa Lantsman
From Melissa Lantsman
Turns out the anti-development wing of the Liberal Party never stopped running the show.
Today, we’ll see if the Liberals vote for the pipeline they just finished bragging about.
Spoiler: they won’t. Because with the Liberals, the announcements are real, but the results never are.
Alberta
Premier Smith: Canadians support agreement between Alberta and Ottawa and the major economic opportunities it could unlock for the benefit of all
From Energy Now
By Premier Danielle Smith
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If Canada wants to lead global energy security efforts, build out sovereign AI infrastructure, increase funding to social programs and national defence and expand trade to new markets, we must unleash the full potential of our vast natural resources and embrace our role as a global energy superpower.
The Alberta-Ottawa Energy agreement is the first step in accomplishing all of these critical objectives.
Recent polling shows that a majority of Canadians are supportive of this agreement and the major economic opportunities it could unlock for the benefit of all Canadians.
As a nation we must embrace two important realities: First, global demand for oil is increasing and second, Canada needs to generate more revenue to address its fiscal challenges.
Nations around the world — including Korea, Japan, India, Taiwan and China in Asia as well as various European nations — continue to ask for Canadian energy. We are perfectly positioned to meet those needs and lead global energy security efforts.
Our heavy oil is not only abundant, it’s responsibly developed, geopolitically stable and backed by decades of proven supply.
If we want to pay down our debt, increase funding to social programs and meet our NATO defence spending commitments, then we need to generate more revenue. And the best way to do so is to leverage our vast natural resources.
At today’s prices, Alberta’s proven oil and gas reserves represent trillions in value.
It’s not just a number; it’s a generational opportunity for Alberta and Canada to secure prosperity and invest in the future of our communities. But to unlock the full potential of this resource, we need the infrastructure to match our ambition.
There is one nation-building project that stands above all others in its ability to deliver economic benefits to Canada — a new bitumen pipeline to Asian markets.
The energy agreement signed on Nov. 27 includes a clear path to the construction of a one-million-plus barrel-per-day bitumen pipeline, with Indigenous co-ownership, that can ensure our province and country are no longer dependent on just one customer to buy our most valuable resource.
Indigenous co-ownership also provide millions in revenue to communities along the route of the project to the northwest coast, contributing toward long-lasting prosperity for their people.
The agreement also recognizes that we can increase oil and gas production while reducing our emissions.
The removal of the oil and gas emissions cap will allow our energy producers to grow and thrive again and the suspension of the federal net-zero power regulations in Alberta will open to doors to major AI data-centre investment.
It also means that Alberta will be a world leader in the development and implementation of emissions-reduction infrastructure — particularly in carbon capture utilization and storage.
The agreement will see Alberta work together with our federal partners and the Pathways companies to commence and complete the world’s largest carbon capture, utilization and storage infrastructure project.
This would make Alberta heavy oil the lowest intensity barrel on the market and displace millions of barrels of heavier-emitting fuels around the globe.
We’re sending a clear message to investors across the world: Alberta and Canada are leaders, not just in oil and gas, but in the innovation and technologies that are cutting per barrel emissions even as we ramp up production.
Where we are going — and where we intend to go with more frequency — is east, west, north and south, across oceans and around the globe. We have the energy other countries need, and will continue to need, for decades to come.
However, this agreement is just the first step in this journey. There is much hard work ahead of us. Trust must be built and earned in this partnership as we move through the next steps of this process.
But it’s very encouraging that Prime Minister Mark Carney has made it clear he is willing to work with Alberta’s government to accomplish our shared goal of making Canada an energy superpower.
That is something we have not seen from a Canadian prime minister in more than a decade.
Together, in good faith, Alberta and Ottawa have taken the first step towards making Canada a global energy superpower for benefit of all Canadians.
Danielle Smith is the Premier of Alberta
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