Thoughts on BC Politics and More

It is a budget of broken promises, misleading numbers and fanciful thinking — all resting on the quicksand of fossil fuel revenue. And to quote Alberta Finance Minister Nate Horner, “It’s confusing.” That was Horner’s summation when describing the “surplus” in the Alberta budget he unveiled Thursday in Edmonton. The Alberta government claims a budget surplus of almost $400 million this year. However, it will have to borrow money to get there, more than $2 billion. Government officials called this an “accounting surplus” . . . . CLICK HERE for the full story

On Friday, Finance Minister Nate Horner used what was billed an “Alberta Pension Plan engagement update” to announce the United Conservative Party Government will “pause” its effort to persuade Albertans the province should take over more than half the assets of the Canada Pension Plan and use them to set up a homebuilt version ... ...on Thursday the Legislature passed legislation requiring a referendum to be held before the province could exit the CPP – although the bill doesn’t say the government has to accept the results of the vote ... CLICK HERE for the full story