there was hope the digital tax credit would be in this spring’s budget, but it was not.
‘we’ve got do to our homework’
glubish said it is critical the government complete its due diligence on development of the program and they are awaiting a report from an independent agency, expected later this summer.
“if we’re ever going to consider creating a new massive multimillion-dollar permanent subsidy program, we’ve got to do our homework,” he said. “we’ve got to make sure that we have looked out for the interests of all alberta taxpayers to say if we’re going to support a specific industry with a subsidy there’s got to be a good rationale for it.”
talent development and acquisition are central to glubish’s mandate beyond the tax credit program. he is tasked with working with other ministries, like advanced education minister rajan sawhney and jobs, economy and trade minister matt jones on this.
the alberta technology and innovation strategy, unveiled in november, calls for the creation of 20,000 new tech jobs by 2030, noting the forecast of alberta tech companies to generate an additional $5 billion in annual revenue in that time. this builds on the record venture capital investment calgary and alberta has experienced over the last six years, showing strengths in green tech, agricultural tech, artificial intelligence and other sectors.