Alberta budget seeks more cuts to the public service; maintains current spending on education, health care

  • 📰 globeandmail
  • ⏱ Reading Time:
  • 60 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 27%
  • Publisher: 92%

Canada Headlines News

Canada Latest News,Canada Headlines

Thursday’s budget marks the first full fiscal plan from the United Conservative Party government, which came to power last year on a promise of restraining spending to balance the books

This translation has been automatically generated and has not been verified for accuracy.Alberta is banking on a recovery in the oilpatch over the next few years to pull the province out of an economic downturn that has stretched on for years, tabling a budget that outlines more cuts to the public service while holding the line on education and health care.

Finance Minister Travis Toews said the province opted for “surgical” cuts rather than steep across-the-board reductions of former governments such as premier Ralph Klein’s painful budgets of the 1990s. Non-renewables are expected to comprise 15 per cent of Alberta’s total revenues by 2022-23, hitting $8.5-billion from the $5.1-billion forecast for 2020-21.

While the oil-and-gas sector remains central to Alberta’s budget – and its continued problems – the government is eyeing diversification measures, including a plan to seek $1.4-billion in investment to grow agriculture and food exports. The technology sector, despite being celebrated in the budget as “a foundation of Alberta’s economy,” will see just $200-million.

It says it will also share “factual information” about new oil sands projects that have “significantly lower” per-barrel greenhouse gas emissions. The issue recently became a political hot potato as Ottawa considered the application for the Teck Frontier oil sands mine in Northern Alberta, when the two levels of government presented wildly different GHG emissions numbers for the oil sector. Teck ultimately pulled its application.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

When you gut a province economically, make it impossible for the people to make a living at the Federal Level, cuts will need to be made. Alberta needs to smell the coffee and get out of Canada, there is no future for this country and certainly none for Alberta.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 5. in CA

Canada Latest News, Canada Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Balancing Alberta’s budget by 2022 will be an uphill battle for UCP governmentThe United Conservative Party campaigned on a vow to have the province’s books balanced by 2022, but projected growth has been slashed amid weak oil prices, coronavirus Made increasingly anemic by the stupidity of the UCP Your economy is robust,now add a few taxes like everyone else and you guys will be ticketyboo. Stop whinening.
Source: globeandmail - 🏆 5. / 92 Read more »

LIVE: Ontario COVID-19 updateWATCH LIVE: Ontario health officials provide an update on new presumptive positive case of COVID-19: Every story should clearly state how many people have recovered or are expected to recover ... which is most of them. That might help the uninformed accept the reality that it is not a 'killer virus' if proper medical treatment is obtained. He looks honest.
Source: CTVNews - 🏆 1. / 99 Read more »

Alberta government took six months to release alarming climate reportAlberta will warm faster than the rest of the planet because of human activity, causing profound impacts on the province’s economy and public health, says a new provincial report. What a crock. More bullshit Can we open the east border so our Saskatchewan friends can enjoy the heat too?
Source: GlobalNational - 🏆 81. / 51 Read more »

Canada must boost foreign aid for feminist agenda to have sustained impact, experts sayThe Liberal government’s annual budget increases have not resulted in a significant boost in development spending toward the UN target Oh my God! Make it stop! Umm no.... Foreign aid, have you taken a look at what the Canadian military looks like. Can Canada protect itself? What about protecting Canadians from the Coronavirus?
Source: globeandmail - 🏆 5. / 92 Read more »