cash flow statement

Highlights of the 2013-2014 Alberta Budget!

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Here are the highlights of Alberta’s 2013/14 Budget! Revenues are estimated at $38.6 billion, $36.4 billion in expenses (0% increase) with a $2.2 billion deficit. Last year, the government was projecting a surplus of $1 billion and $49 billion in revenues in 3 or 4 years with a surplus of $5 billion with surpluses to be added to the Sustainability Fund.

The 3rd quarter report shows revenues at $28.064 billion – $763 million lower than budgeted. Note that resource revenue was $2.431 billion lower due to a rapidly changing energy market, discounted bitumen prices by 23% (!), lower land sales, higher exchange rates and global uncertainty & impact on oil and gas prices. Note that the Disaster / Emergency Assistance program budgeted $26 million and due to severe weather insurance claims and forest fire fighting, $587 million was expended! Lastly note that Doug Horner has indicated that about $600 million has partially offset revenue expectations due to higher corporate income tax, stronger investment income, and, higher gaming and liquor sales. Also note that Ministry expenses were $447 million lower. The deficit stands at $1.98 billion – $498 million higher than expected. The 2012/2013 deficit is estimated at $3.5 – $4 billion. As of Dec 31/12 the Sustainability fund was at $3.4 billion. The Heritage Trust Fund stands at $16.5 billion with $286 million added in 2013/2014.

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Here are the highlights of Alberta’s 2013/14 Budget! Revenues are estimated at $38.6 billion, $36.4 billion in expenses (0% increase) with a $2.2 billion deficit. Last year, the government was projecting a surplus of $1 billion and $49 billion in revenues in 3 or 4 years with a surplus of $5 billion with surpluses to […]

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Summary of Provincial & Federal Grant and Contribution Programs

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Provincial Grant Programs 

Alberta Innovates Technology Futures – Capacity Building Programs 

Did to you know that if a business was able to access all of the Industry Capacity Building Programs offered through Alberta Innovates Technology Futures, this would add up to over $400,000 in grants! The programs are:

1. The $15,000 Alberta Voucher for conducting an Opportunity Assessment

2. The $50,000 Alberta Voucher for technology development, business planning, market studies, etc.

3. The R&D Salary grant for hiring Ph.D or Masters’ graduates for R&D work, and

4. The Commercialization Associates Salary Program for hiring a Marketing / Business Development Manager to take the technology to market.

5. The Product Demonstration Fund – $100,000 to $300,000 in matching grants.

The following section provides a brief description of these programs and key criteria for successful application.

Email us at info@strategictimelines.com for the most recent copy of the full PDF- Subject Heading: Full Grant PDF Request.’

Provincial Grant Programs  Alberta Innovates Technology Futures – Capacity Building Programs  Did to you know that if a business was able to access all of the Industry Capacity Building Programs offered through Alberta Innovates Technology Futures, this would add up to over $400,000 in grants! The programs are: 1. The $15,000 Alberta Voucher for conducting […]

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CASH FLOW TRUTHS!

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A monthly profit & loss cash flow forecast has many truths – it is a management tool to:

  1. Realistically forecast anticipated revenues and expenses as per the Annual Plan goals and objectives.
  2. Build a Best Case/Worst Case forecast to assist Managers when it is difficult to forecast revenues.
  3. Show monthly revenues and expenses so that Managers can see:
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A monthly profit & loss cash flow forecast has many truths – it is a management tool to: Realistically forecast anticipated revenues and expenses as per the Annual Plan goals and objectives. Build a Best Case/Worst Case forecast to assist Managers when it is difficult to forecast revenues. Show monthly revenues and expenses so that […]

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10 Quick Marketing Tips for Accelerating Revenues!

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There are many ways to increase your leverage to increase and accelerate your revenues. The following tips will help you:

Tip 1: Product Upside

Step back and take a long look at ways to improve your product lines. That’s precisely what Dyson did when they designed the DC24 vacuum cleaner, which was several pounds lighter, $100 less expensive to produce and much easier to handle than its other models. As Dyson will attest, an expert, outside perspective is often the key to stimulating positive change. Can you find similar upside in your product lines?

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There are many ways to increase your leverage to increase and accelerate your revenues. The following tips will help you: Tip 1: Product Upside Step back and take a long look at ways to improve your product lines. That’s precisely what Dyson did when they designed the DC24 vacuum cleaner, which was several pounds lighter, […]

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