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Prentice promises to not waver on tough-love budget plan to fix Alberta economy

Premier Jim Prentice says Albertans can trust him not to waver from his promise to follow through and fix the broken foundations of Alberta’s economy.

EDMONTON — Premier Jim Prentice says Albertans can trust him not to waver from his promise to follow through and fix the broken foundations of Alberta’s economy.

Prentice says those who know him know he has a reputation for getting things done and that he does what he says.

He says that’s the case this time, too, starting with a budget that increases fees and taxes virtually across the board.

The hikes are part of a multi-year plan to insulate Alberta’s day-to-day spending from volatile swings in oil prices.

Other Progressive Conservative premiers have made similar promises about remodelling Alberta’s economy, but not much seemed to change.

Problems were masked by multibillion-dollar oil and gas surpluses, but Prentice says Alberta no longer has that option.