Example Resolution
Answer
Here is an example of a policy resolution:
WHEREAS Alberta has struggled to create a financial environment that fosters and encourages innovation, entrepreneurship, and startup businesses;
AND WHEREAS it is apparent that we need to diversify the economy to include areas other than natural resources;
AND WHEREAS there are non-tangible benefits to receiving funds from an investor rather than the government, such as mentorship and built-in networks;
AND WHEREAS Flow Through Share structures have been used to great effect in exploration and development of natural resources in Canada for more than 50 years;
AND WHEREAS Flow Through Share structures allow corporations that have only losses to “flow” those losses to investors personally to offset the high risks involved in investing in startup businesses;
AND WHEREAS the risk profile of natural resource exploration and development and startup businesses is very similar, especially in areas such as technology, life sciences, and health-related innovation;
BE IT RESOLVED that the Alberta Party urge the government to consider the expansion of the Flow Through Share program to include important industries such as technology, life sciences, and health-related innovation;
BE IT FURTHER RESOLVED that the Alberta Party will study and consider the abolishment of tax credit programs that do not substantially achieve their projected goals for diversification of the economy.
Was this helpful?