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The Standing Committee on Alberta´s Economic Future comprises 15 Members of the Legislative Assembly. It may meet to review a Bill or to consider an issue referred to it by the Assembly, and can also meet on its own initiative to consider issues within its mandate. The mandate of the Standing Committee on Alberta´s Economic Future relates to the areas of Agriculture and Forestry, Advanced Education, Infrastructure, Economic Development and Trade, Culture and Tourism, and Labour.

On June 25, 2015, the Standing Committee on Alberta's Economic Future was deemed to be the special committee of the Assembly for the purpose of conducting a comprehensive review of the Personal Information Protection Act pursuant to section 63 of that Act.
In accordance with section 63(2) of the Act, the Committee must submit its report to the Assembly within 18 months after beginning its review and that report is to include any amendments recommended by the Committee.