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.