Alberta budget praised by finance minister amid tax pressure
Alberta finance minister Nate Horner told about four dozen chamber of commerce members in Medicine Hat that the 2024 25 budget prioritizes health and education with 4.4 per cent increases for those ministries and a 3.9 per cent overall rise while revenue is projected at 73.5 billion, softer oil income reduces funds and rural leaders warn less infrastructure support could force tax hikes.
MENTIONED IN THIS ARTICLE
Collin Gallant
Alberta
Nate Horner
Chamber of Commerce
Medicine Hat
Horner
Drumheller Stettler
Lawsuit Targets AER and Alberta Government Over Oilsands Spills
Athabasca Chipewyan First Nation sues Alberta Energy Regulator and province over releases from Imperial Oil hear mining site north of Fort McMurray. They allege bad faith, insufficient consultation, and constitutional violations harming treaty rights and groundwater.
MENTIONED IN THIS ARTICLE
Alberta
Alberta Energy Regulator
Allan Adam
Athabasca Chipewyan
Imperial Oil
Hear
Fort McMurray
Imperial
Kears
ACFN
Alberta Environment and Protected Areas
Ryan Fournier
Regulator
Renato Gandia
AER
Kevin Hille
Athabasca Chipewyan First Nation
Bank of Canada Holds Rate at Five Percent on Inflation Still High
The Bank of Canada kept its policy rate at five per cent saying inflation remains too high for cuts. Governor Tiff Macklem noted easing inflation but persistent underlying pressures and that guiding signals for future moves are not provided. Economists expect the first cut in June as growth slows.
MENTIONED IN THIS ARTICLE
Bank of Canada
Tiff Macklem
Governing Council
Macklem
Statistics Canada
Dawn Desjardins
Deloitte Canada
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