Alberta must take control of its resources to remain free of debt to the banks and multi-national companies, the leader of the Alberta Social Credit Party says.
Len Skowronski, who was re-affirmed as party leader during the Socred annual general meeting on the weekend in Innisfail, said the wealth produced will provide for social needs such as education, health, seniors support, housing, transportation and food.
Gordon Barrett of the Edmonton area was re-elected party president while Helge Nome of Caroline, Garnet Medicraft of Red Deer, Stan Dingman of Innisfail and Margaret Saunder of Edmonton were elected vice-presidents.
Area directors include Myrna Kissick of Innisfail for Central Alberta, Tom Stad of Niton Junction for Northern Alberta, Nymbur Amina Belcourt of Edmonton for South Edmonton.
Skowronski said at issue is the immediate action needed in the upgrading of bitumen in Alberta.
“If we go ahead with exporting a million barrels of bitumen at current prices of crude oil verses bitumen, we will lose $32 million a day or $12 billion a year,” the leader said.