By Chris Brown

Invest Alberta Corporation

New agency tasked with attracting jobs, investment to Alberta

Jul 30, 2020 | 11:48 AM

A seven-member board will lead the province’s newly-created Invest Alberta Corporation.

The agency is tasked with attracting job-creating investment back to Alberta and comes into effect on July 31.

“I believe in the importance of strategically and proactively driving investment into key sectors across the province as we navigate the realities of this new global economy,” said chair R. Scott Hutcheson in a release. “I am excited to lead this work along with this talented group of board members who will bring their depth of experience to guide the organization.”

Also appointed three-year terms are:

• A. Anne McLellan, vice-chair – former deputy prime minister
• Bob Dhillon – president and CEO, Mainstreet Equity Corporation
• Dr. T. Chen Fong – professor emeritus, Faculty of Medicine, University of Calgary
• Ashif Mawji – venture partner, Rising Tide, a San Francisco Bay Area venture capital firm
• Janet Riopel – president and CEO, Edmonton Chamber of Commerce
• Adam Waterous – managing director and CEO, Waterous Energy Fund

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Vice-chair A. Anne McLellan said Alberta must seek new opportunities that build on the province’s economic strength and position it for future prosperity.

“Alberta is a resilient jurisdiction and through the activities of the newly created Invest Alberta Corporation, we can chart a path to support a strong economic recovery.”

The corporation’s mandate is to attract high-impact, job-creating investment to Alberta and promote the province as a preferred investment destination to national and international investors.