Submitted by: Canadian Forces Liaison Council
Join us for an informative webinar on June 23rd with guest speaker Colonel Mike Vernon, CD/Commander of 41 Canadian Brigade Group.
A behind the scenes look at who reservists are, what they do, and how the Alberta Reserve is preparing and training to support our communities and country when we need them most.
Numerous Alberta businesses employ individuals who are members of the Reserve Force. When Alberta faces a disaster – the Covid-19 Pandemic, fires, floods – reservists are asked to respond to the call and assist in the survival and support of our communities. Responding to these calls often pulls reservists away from their regular employment.
Reservists are skilled and talented people who are part-time “citizen soldiers”, sailors and airmen/airwomen. In addition to their military responsibilities, they also work full time in the civilian workforce. They enhance corporate culture, small and large businesses, with the experience they have attained in the military. As a candidate for a position they have a well-earned skill set that goes above and beyond another candidate for the same role. If you already employ a Reservist, you know the benefits they bring to the workplace with both hard and soft skills.
The Canadian Armed Forces provide Reservists with world class training to develop key skills which form not only the foundations of an valuable Reservist but also a highly qualified employee. Employers benefit from their core skills and abilities such as leadership, teamwork, discipline, initiative, determination, problem solving, and the ability to work under pressure.
When you employ a Reservist, they bring their learnings from the military to your organization. In turn, they also contribute their workplace expertise when serving in the military. It’s a win-win for both the organization and the Canadian Armed Forces. Reservists who serve help to provide a safe environment for businesses to thrive and is one of the very reasons many people are proud of our serving members.
Reservists are members of the Canadian Armed Forces (CAF) who train and serve with the CAF on a part-time basis. They typically serve on weekday evenings and weekends. From time to time Reservists attend military courses and training that lasts one or two weeks and occasionally longer durations. Reservists have the opportunity to volunteer to serve on domestic and international operations on a full-time basis augmenting the regular component of the CAF. Through floods, fires or ice storms, Reservists are there to help and to keep communities and businesses operating. Their training provides both domestic response and international support – when you employ a Reservist, you in turn, are serving your country.
What is the With Glowing Hearts Initiative?
The With Glowing Hearts – Reservist Support Initiative is an HR program to attract and retain talented employees. The Canadian Armed Forces has trained over 25,000 Reservists who bring exceptional qualifications to an organization or business. Consider the Reserves as a talent pool to source potential employees to support company goals and initiatives. The initiative provides guidance and tools to support both Employers and Reservists and the good work they do together. Employing a Reservist is good for business and it makes your work, and workplace, better – With Glowing Hearts, we stand together supporting our community and country.
How does the program work?
It’s simple – like any other HR initiative, the program becomes an offering to attract employees. For example, a company may already have a maternity leave policy in place, growth programs for leadership, or even policies for internships. The With Glowing Hearts – Reservist Support Initiative creates a “reserve-friendly” culture for an organization to attract, and keep, experienced and valued employees. The turnkey program assets can be used to create awareness through communication channels of choice.
What does the program include?
The program consists of the following elements:
- Reservists 101: What Reservists offer Employers
- “With Glowing Hearts” Reservist support customized certificate for Employers
- “With Glowing Hearts” Employer/Reservist Recognition stickers
- “With Glowing Hearts” Customized employer support icon (online use)
- HR & FAQS: Q&A for employing Reservists
- Military Leave Policy (MLP): Examples of MLP for small and large businesses
- Register for the program or for more information: cflcwithglowinghearts.ca
How can I find out more information for my business?
Employers Supporting Reservists – Canadian Forces Liaison Council
Edmonton triples venture capital investment in 2023
Alberta’s tech sector continues its strong momentum, with Edmonton seeing its strongest growth ever, proof Alberta remains a hot tech market.
As global and national investment have declined, Alberta has remained a strong tech market and is showing continued leadership, as shown by Pitchbook ranking Calgary as the 12th fastest-growing tech ecosystem in the world and LinkedIn ranking Calgary as one of the best places to hire and recruit tech workers.
At the end of 2023, Alberta’s five-year growth rate for venture capital dollars invested reached an impressive 48.5 per cent, more than triple Canada’s compounded average growth rate of 13 per cent, according to the 2023 Canadian Venture Capital Private Equity Association fourth-quarter report.
The province’s growth rate means Alberta finished 2023 with $707 million invested over 86 deals, in line with Alberta’s 2022 record-breaking year. In contrast, Canada ended the year with a 31 per cent decline in investments. Over the past five years, Alberta technology companies have secured more than $2.7 billion in venture capital funding across 350 deals, creating thousands of jobs for Albertans.
“While Canada as a whole saw massive declines, Alberta has held steady. We are a major venture capital player in Canada, as technology drives growth across all sectors.”
Alberta’s two largest cities continued to attract investment dollars in 2023, with Calgary and Edmonton coming in fourth and fifth respectively for number of deals, with $501 million invested in 64 deals in Calgary and $188 million invested in 21 deals in Edmonton. Edmonton saw a 324 per cent increase from $58 million in 2022 to $188 million in 2023. In total, Alberta captured 10.3 per cent of dollars invested in 2023 and 13 per cent of venture capital deals in Canada.
“Edmonton’s tripling of venture capital investment in 2023 underscores our city’s position as a dynamic tech capital within Alberta’s thriving innovation ecosystem, reaffirming our role as a powerhouse driving technological advancement and economic prosperity across diverse sectors. It is the local innovators’ relentless pursuit of solutions to real-world problems, with the continuing support of the Government of Alberta, which not only attracts significant investment but also propels our city to the forefront of Alberta’s tech revolution and fosters job creation for our community.”
“At Platform Calgary we are working with our partners to continue this momentum by linking up high potential tech startups with the investors that can help them take their businesses to the next level. The evidence is clear, Alberta is emerging as one of the most exciting and resilient tech ecosystems in the world. Together with our growing tech community, we can secure Alberta’s position as the best place in the world for anyone to launch and grow a tech business.”
Alberta remains a growing market for the technology and innovation sector, and Alberta’s government celebrates its steady contribution to the Alberta economy, including in the fourth quarter of 2023. The end of last year saw venture capital investments in the province increase by 35 per cent for dollars invested and 19 per cent for deals closed compared with the third quarter. There were 25 deals closed valued at a combined $173 million in the fourth quarter of 2023.
Shining a spotlight on Alberta athletes, sport leaders
Alberta’s government is continuing to support the Alberta Sports Hall of Fame, so it can showcase the province’s sport legacy for years to come.
The Alberta Sports Hall of Fame celebrates the accomplishments of more than 1,600 Albertans, from Olympic gold medallists to community sport leaders. To continue supporting this long-standing legacy, the government is providing $302,500 to the Alberta Sports Hall of Fame Museum. This funding will support the operations of the facility and the organization’s management and delivery of the annual Alberta Sport Recognition Awards.
“Alberta’s future is stronger when we understand and preserve our history and celebrate our successes. Places like the Alberta Sports Hall of Fame help us do just that. I’m proud our government is supporting it, as it spotlights Albertans with incredible athletic achievements and community contributions.”
“The Alberta Sports Hall of Fame has long been a cherished attraction in our community, offering Albertans inspiration and a window into the remarkable legacy of our athletes and community sport leaders. With our government’s investment in this institution, Red Deer’s tourism will undoubtedly grow, bringing significant benefits to our community and surrounding areas.”
“I am pleased to see the government’s support for the Alberta Sports Hall of Fame continue. This organization enriches the sport community in central Alberta, inspires the next generation of athletes and preserves our province’s history in sport excellence.”
The Hall of Fame provides a space where the accomplishments of the sport community in Alberta are preserved and inspires the province’s future athletes and community leaders. Albertans recognized in the Hall of Fame include Melody Davidson, who was inducted in 2008 for her excellence in hockey, serving as a two-time Olympic gold medal-winning head coach for Team Canada women’s hockey, and Lanny McDonald, who was inducted in 1993 following a long and successful career in professional hockey. Last year, 12 inductees were nominated, including Patrick Jarvis and Theresa Maxwell for their success in Paralympics and volleyball.
This funding will ensure that Albertans can continue to celebrate the province’s turning-point moments and growing legacy in sport.
“We are grateful for the support we have received from the Alberta government. Their funding has played a pivotal role in sustaining the Alberta Sports Hall of Fame, allowing us to preserve and celebrate the rich sporting history of our province. This support not only enhances our ability to showcase the achievements of the athletes, teams and sport champions but also reinforces the significant role sport plays in our community.”
“Red Deer proudly stands as a hub for sports excellence, and the Alberta Sports Hall of Fame plays a pivotal role in preserving and promoting our province’s rich athletic legacy. The City of Red Deer is grateful for the Alberta government’s continued support, ensuring that this institution continues to inspire future generations by showcasing the remarkable achievements of our athletes and community leaders.”
The Alberta Sports Hall of Fame helps grow tourism in Red Deer and the surrounding area by attracting visitors to the facility to enjoy interactive sport-oriented games and activities and sport memorabilia. In the past two years, an estimated 20,000 people have visited the Hall of Fame annually. Exhibits on different sports and sport organizations, including the Hall of Fame Gallery that showcases the athletes and sport builders who have been inducted annually since 1957, are also available to view.
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