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Friday's letters: Highest-paid Alberta MLAs also need pay cuts

Friday's letters: Highest-paid Alberta MLAs also need pay cuts
edmontonjournal.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from edmontonjournal.com Daily Mail and Mail on Sunday newspapers.

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Braid: Liberal budget generosity stops cold at stabilization payments for Alberta

Braid: Liberal budget generosity stops cold at stabilization payments for Alberta
Maybe that should be a lesson to Alberta politicians don’t ask Ottawa for anything until Ontario and Quebec want it too
Author of the article: Don Braid • Calgary Herald
Publishing date: Apr 20, 2021 • 1 hour ago • 3 minute read •
Prime Minister Justin Trudeau, left, arrives with Deputy Prime Minister and Minister of Finance Chrystia Freeland as she prepares to table the federal budget in the House of Commons in Ottawa, on Monday, April 19, 2021. Photo by THE CANADIAN PRESS/Justin Tang
Article content
Right, it’s Alberta. Such a shock!
We apologize, but this video has failed to load. ....

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High deficits and low oil prices: Alberta's latest budget accepts what the last one did not

CALGARY
A year ago, the UCP government was accused of being overly optimistic – presenting a budget brimming with rosy projections of economic recovery and extremely ambitious hopes for the rising price of oil.
Nobody will point that finger this time.
Alberta s 2021-22 fiscal framework is cautious, even pessimistic at times, acknowledging what the government has been accused of ignoring in the past – that times are tough, and oil alone won t save us.
Here s the reality, said Alberta Finance Minister Travis Toews. Energy prices come with volatility. This year . our economic assumptions, which are ultimately resulting in our revenue projections are very conservative. There is an awful lot of uncertainty yet and in an environment such as this, I think it important to be prudent and conservative in our projections. ....

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The Drilldown: Alberta budget reveals pandemic's effect on energy indsutry

iPolitics
By iPolitics. Published on Feb 26, 2021 11:47am
Alberta Premier Jason Kenney in Edmonton in May 2019 (Codie McLachlan/Star Edmonton)
The Lead
Alberta’s provincial government released its budget for the upcoming fiscal year, which outlines the province’s planned economic recovery from the COVID-19 pandemic. The budget revealed that the pandemic’s devastating effect on oil prices caused a collapse in Alberta’s revenues, with the province’s debt set to balloon to $115.8 billion. The Calgary Herald has the story.
The provincial government is expecting an $18.2 billion deficit for 2021, followed by an $11 billion deficit in 2022 and an $8 billion deficit in 2023. ....

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