Alberta’s Economy Not As Rosy As The NDP Wants To Portray

Rachel Notley’s NDP wants you to believe that our economy in Alberta is improving but that’s really not the case. Finance Minister Ceci claims in his fiscal update that after a two year recession the province emerged with a 4% growth due to hiring freeze in the public sector and no raises in the unions.

Ceci said Alberta had emerged with four per cent growth from two years of recession and the government now intended to reduce spending, in part through a public-sector hiring freeze and a push for no raises in negotiations with unions.

He also tried to portray as good news that our deficit for 2017-18 would be $10.3 billion instead $10.4 billion what they estimated in the budget last spring.

The move follows Finance Minister Joe Ceci’s Tuesday release of the province’s second-quarter fiscal update, which sees the deficit for 2017-18 projected at $10.3 billion — a slight improvement from the spring budget’s estimated $10.4 billion.

Oh and by the end of the year our debt (drum roll), will up to a measly $42 billion.  Isn’t that great?

He said the NDP government is continuing Alberta’s long-standing reliance on resource revenues, while high levels of borrowing are driving up the provincial debt, expected to top $42 billion by the end of this year.

Wow, everything is coming up roses except for Rating agency DBRS Ltd, one of three credit agencies, just downgraded out credit rating again from AA+ to AA which is not good.

Rating agency DBRS Ltd. announced Wednesday that it had downgraded Alberta’s rating from AA (high) to AA, while maintaining a negative outlook for the province.

The other two agencies S&P Global Ratings and Moody’s have downgraded our credit rating before, that being in May S&P gave us a rating A+ down two notches from the rating they gave us before.

The most recent downgrade came from S&P in May, as it lowered Alberta’s rating two notches, from AA to A+.

So despite all the rhetoric the NDP is spewing that they want to believe the Alberta economy is not in good shape.

Is the oil and gas industry booming? No!

Is investment coming back to the province? No!

Are businesses booming and hiring? No!

The fact is the NDP are not telling us the truth and the longer they’re in office the more they are wrecking the province.

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Alberta Wildrose and Progressive Conservatives Have a Tentative Deal

Jason Kenny, Leader of the Alberta Progressive Conservatives and Brian Jean Leader of the Wildrose Party announced yesterday a tentative deal to merge the two parties into one.  The name of the new party would be the United Conservatives.

Although it’s a positive move in Alberta politics, there is still plenty that needs to be done before we can be breath a sigh of relief.  The deal still has to be ratified by members of both parties with at least 75% approval.  That vote will take place in July.  They’ll need to establish an executive and constituency boards. Next  a leader will have to be chosen. The leader of the new party will chosen at a convention in October.  Then they come up with platform and find candidates all in time for the next election in 2019.  So there is still a lot of sausage that needs to be made.

I for one am pleased by this effort by Jason Kenny, Brian Jean and the committee who came up with this tentative deal.  It’s a good first step into getting rid of the destructive Rachel Notley and her NDP wrecking crew.  All conservative minded individuals should get on board and support this because without a united conservative party, the NDP will most likely get another term.  Think about that!

 

More Albertans On Welfare

 

 

 

 

Rachel Notley and her wrecking crew say they’re making life better for Albertans but the Calgary Sun reported yesterday that there are more Albertans receiving welfare cheques today than in 2015 .  In fact  the number of those collecting welfare is now a whopping 54,374 recipents,  20,000 more than just two years ago when Notley’s wrecking crew assumed office.

Welfare claimants have gone skyward to 54,374 at the start of this year, around 20,000 higher than two years ago.

The line is going straight up and there’s no sign of a plateau.

We’re talking welfare, the last stop, where you go when you no longer have a job and you can’t find another job and the EI runs out and you’ve got no money coming in and you can depend only on yourself.

Is it any wonder with a lot of energy companies leaving Alberta going else where and also a lot of other businesses closing their doors?  The carbon tax, other tax hikes, minimum wage hikes and regulations that they’ve imposed all contribute to this dilemma.

Making life better for us they say? But then again math is hard for NDPers. They’re actually making it more difficult and expensive for businesses and individuals to survive and thrive. It seems like they’re living in some alternate universe and not in the real world. They don’t really understand what real Albertans are going through right now.

We used to have the Alberta advantage, well that’s gone now. Will they change course and bring at least some of that advantage back?  Nope,they have no sense of reality.  They’re stuck in their la la land with their pixey dust and unicorn reality.

We can only hope they get resoundly defeated in two years and that new government can fix all the damage and bring back the Alberta advantage. It can’t come soon enough for me!

 

The Alberta Carbon Tax

We are day 5 into our new carbon tax in Alberta that the NDP Notley government has imposed on us where everything is costing more.  It’s hitting every pocket book in the province. Sure there will some rebates but overall it will be bad for our economy.   Won’t be much help if you ask me.

cbrThey claim the cost of indirect goods and services will only cost around $50-$70 per household.

The government pegs the indirect costs for higher prices on goods and services at around $50 to $70 per household this year. Already some companies have alerted clients of higher prices due to the carbon tax.

NDP do not know how to do math very well. I think  goods and services will cost much more.

They also claim that we will soon see benefits.  Benefits?  Yeah right!  Benefits to Notley and her wrecking crew. Like more job losses, more money leaving the province and poverty?  The devastation of the oil and gas industry?  It’s exactly what they’re looking for, to shut down the oil and gas industry.

According to Sheila Gun Reid from the Rebel Media, Greenhouses and farmers are really going to feel the pinch even with a little tax relief.

This not about reducing emissions. This is about idealogy.  They are socialists who want to take your money, make you poor so that you have to depend on government to take care of you. They are anti-oil even the Premier herself is anti-oil.nlyantol This tax along with all the other things that Notley and her wrecking crew are doing is hurting Alberta.  There already is high unemployment even before the tax. They have been racking up our debt and deficit to where very soon, it will be unmanageable. Investment is leaving and going else where.  Who in their right mind is going to invest in Alberta right now? There will a lot of bankruptcies.  Businesses and industry will be moving out.   Not good for a province who just a few short years ago was keeping the whole country afloat.   But then again it’s socialists in charge.  It’s what you expect.   The next election can’t come soon enough.

Update: Calgary community center turning off  heat to save money.