Alberta Finance Minister may walk away after leaving province’s coffers overflowing

Travis Toews, the only finance minister the United Conservatives have ever had, save for a handful of months when the first-term politician stepped aside to challenge for the leadership of the party, is remaining mum on whether he will run in Alberta’s spring election.

Mr. Toews said he spent the past 18 months thinking about how to build a durable fiscal framework that will provide “guardrails” when the province is flush with royalty revenue and flexibility during financial droughts. The fiscal framework would also limit spending increases to the previous year’s inflation plus population growth. “That will ensure we don’t create conditions for aberrant behaviour, [with] government departments wanting to spend all their money so they get a higher base next year.”

The budget contains new money to broaden Alberta’s addiction treatment programs and hire more sheriffs, among other efforts. It is devoid of any financial support for Alberta’s largest city, which hoped to garner a boost for its still-struggling downtown core.

He had nothing to do with it.

He did nothing

Did he cause the war in the Ukraine? Because he didn't, so far as I recall.

Like he had anything to do with it. Your headline is balls. As usual.

United States United States Latest News, United States United States Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Alberta finance minister wants review of province’s volatile revenue structureToews says because the majority of Alberta’s revenue comes from oil and gas revenue, it creates uncertainty during times of boom and bust
Source: globeandmail - 🏆 5. / 92 Read more »

‘Our reality:’ Finance minister wants review of Alberta’s volatile revenue structure | Globalnews.ca'We do have a volatile revenue structure in this province and at some point, some day, Albertans are going to have to consider what we need to do to correct that.' They better thank their lucky asses that oil increasing a little just before election! The albertaNDP said the same thing and started to diversify for stability and the UCP ruthlessly attacked them for it. Another way that the AlbertaNDP were correct and on the right path. BetterOffWithRachel From LukaszukAB: AdrianaLaGrange spins a 5% budget increase in education. Simply a lie. Inflation in Alberta is at 6%. Alberta-wide student enrollment increase is 2.7%. Large Yyc & Yeg school boards have 4% enrollment growth. This budget is 3.7% to 5% cut.
Source: GlobalCalgary - 🏆 50. / 61 Read more »

N.S. government to table 2023-24 budget March 23, finance minister says | SaltWire“We’re going to put a budget together and you will see all of those assumptions put into place and they will tell the tale of what we expect to happen in the year to come,' Allan MacMaster said
Source: SaltWire Network - 🏆 45. / 63 Read more »