This translation has been automatically generated and has not been verified for accuracy.When Albertans woke up on Monday morning, they were confronted with shocking news about the province’s energy industry and its economy.
The federal government has offered a measured tone, promising help to people who are hurt by the economic fallout but insisting that Canada’s fiscal position remains strong. The crisis adds to pressure to include relief for the energy sector and Alberta in the coming federal budget. He says he’ll be pressing for a federal response during a trip to Ottawa this week for the first ministers conference. In particular, he is looking for payroll tax relief and an acceleration of infrastructure spending to inject life into the economy. Mr. Kenney also said the province is looking at what it could do, but he acknowledged: “This is uncharted territory.
Source: Financial Digest (financialdigest.net)
But Alberta still has to continue to send welfare payments to the so-called poor provinces who have not bothered to diversify either. They need your money!!!🤑🤑🤑
First rule in economics,diversify. Don’t put all your eggs in one basket. Alberta hasn’t learned that lesson.
I like the use of Back as if it was good to begin with
Shoulda diversified geniuses.
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