Don’t be fooled, Alberta suffers from a revenue problem

The Royal Bank of Canada’s provincial fiscal tables, published Nov. 27, show Albertans have the lowest provincial net debt per capita of any Canadian province.

For example, RBC projected Quebec’s provincial net debt per capita for 2019-20 at 2.43 times higher than Alberta’s, and Ontario’s at 2.59 times higher.

Jason Kenney and the United Conservative Party of Alberta ran on a campaign platform of fear mongering about Alberta’s “ballooning” deficit and dire financial straits.

What royal baloney.

Alberta’s net debt per capita has increased faster than any other province’s — except for the oil-producing provinces of Saskatchewan and Newfoundland.

It isn’t a spending problem, it’s a revenue problem.

Kenney and his UCP government are now embarking on a program of public service, health and education cuts. More royal baloney (to be polite).

Kenney’s problem can’t possibly be about our provincial deficit. It can only be about cutting essential services to Albertans.

Ebenezer Scrooge, indeed!

Mike Priaro, Calgary

Get local stories you won't find anywhere else right to your inbox.
Sign up here

Just Posted

River Bend could get an extension to repay an often deferred $1.7 million loan

Council gives initial approval to defer repayments until 2022

Pre-COVID oil prices not anticipated until late 2022

Conference Board of Canada’s releases latest economic outlook forecast

Statistics Canada says economy grew 3.0 per cent in July

OTTAWA — Statistics Canada says real gross domestic product grew by three… Continue reading

Over 2,000 volunteers needed for 2020 Festival of Trees

The annual event this year shifted to Bower Place from Westerner Park

No resolution in Walmart shooter’s bid to avoid trial

The shooter, Chase Freed returns to court on Oct. 14

Leduc Man still missing, RCMP concerned for his well being

31-year-old Ryan Mcleod has been missing since Sept. 10, 2020.

Sylvan Lake family says they are ‘blessed’ to have found their home in Central Alberta

Onsy and Rosemary Tawadrous immigrated to Canada in 2011 and made their home in Sylvan Lake

Tractor fire east of Ponoka doused

Flames extinguished with foam additive

Wetaskiwin restaurant asks City for help with excessive property damage caused by continuous loiterers

Employees say that they are scared for themselves and their customers.

Quebec’s second wave driven by community transmission, muddled messaging, expert says

MONTREAL — Quebecers following the COVID-19 news in recent days may be… Continue reading

Debate Takeaways: An acrid tone from the opening minute

WASHINGTON — After more than a year of circling each other, Republican… Continue reading

Most Read