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A new Oil Sands Growth Program (OGP) was announced today to promote additional investment in oil sands, support increased production, fill new pipelines, and drive economic growth.
Danielle Smith said the program will incentivise companies to invest billions of dollars in new projects related to oil sands.
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Alberta recently reported a $2.2 billion surplus and a record-high Heritage Savings Trust Fund, according to provincial financial disclosures. Danielle Smith also attended the launch of the Alberta Business Alliance in Calgary. Both events highlight ongoing efforts to strengthen the province’s economic position.