With a population of 4.4 million, the province is on track to take in $70.7 billion in revenue and spend almost $67 billion. Another $1.5 billion is being set aside for unforeseen spending emergencies.
The panel concluded that to achieve a balanced budget by 2022-23, the provincial budget should have no increases in government spending for four years and a reduction in operating costs by at least $600 million, as well as cuts in capital spending.Article content Toews said he personally wants to see Alberta taxes remain low, but it would be his desire that nothing be off the table when a revenue committee begins its work.
He said he will be making an announcement in the “upcoming days” on whether he will seek re-election. The next provincial election is scheduled for May.
Well I think that's fair enough. We do have a bit of a boom and bust cycle which has been a critique for decades. We need something a little more predictable even with a boom and bust cycle in the oil industry.
Should review the taxes Albertans pay as well. Our property taxes all went up while the royalty structure remained the same. Taking a disproportionate amount from you and me I while the energy industry pays its owners more dividends.
Here comes the PST… right after the election
Cut the size of government by 30%, and cut taxes at the same time. Problem solved.
We have a world class fiancé minister…let’s listen and learn
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