Brian Jean, minister of jobs, economy and northern development and Nate Horner, minister of agriculture and irrigation. (Photo Courtesy Government of Alberta)

By Chris Brown

Area economic development group gets funding boost

Mar 22, 2023 | 10:55 AM

A local group with a key role in developing and diversifying the region’s economy will get increased funding from the province.

The Alberta government says it is more than doubling its support for the province’s nine regional economic development alliances (REDAs). A commitment of $1.125 million provides $125,000 to each of the REDAs.

“Nobody knows their local economy better than REDAs, which bring awareness of provincial and municipal initiatives,” says Jobs, Economy and Northern Development Minister Brian Jean in a news release. “Each area has its own specific needs and goals, and this additional support will increase their ability to develop local solutions to economic needs while supporting the improvements that their region needs.”

Southeastern Alberta is served by the Palliser Economic Partnership which includes the communities of Medicine Hat, Hanna, Oyen, Redcliff, Consort and more.

The government says the extra funding supports actions under the Economic Development in Rural Alberta Plan such as the Palliser Economic Partnership’s development of investment-ready agricultural projects.

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Other REDAs in the province

• SouthGrow Regional Initiative
  • Includes communities in south-central Alberta such as Lethbridge County, Cardston, Blood Tribe, Claresholm, Vulcan and Taber
• Alberta Southwest Regional Alliance
  • Includes communities in southwestern Alberta such as Crowsnest Pass, Cardston, Fort Macleod, Pincher Creek and Nanton
• Battle River Alliance for Economic Development
  • Includes communities in east-central Alberta such as Hardisty, Camrose, Tofield, Wainwright and Provost
• Central Alberta Economic Partnership
  • Includes communities in central Alberta such as Red Deer, Wetaskwin, Lacombe, Sundre and Rocky Mountain House
• Grizzly Regional Economic Alliance Society
  • Includes communities in north-central Alberta such as Barrhead County, Westlock, Mayerthorpe, Clyde and Wabamun
• Northeast Alberta Information Hub
  • Includes communities in northeastern Alberta such as Vegreville, Lloydminster, Bonnyville, Cold Lake and Lamont
• Peace Region Economic Development Alliance
  • Includes communities in northwestern Alberta such as Peace River, Grande Prairie County, Fairview, Valleyview and Sexsmith
• Regional Economic Development Initiative for Northwest Alberta
  • Includes communities in northwestern Alberta such as High Level, La Crete, Fort Vermilion, Mackenzie County and Paddle Prairie Metis Settlement