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Medicine Hat News in Medicine Hat, Alberta

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Newspaper

Medicine Hat News

Location

Medicine Hat, Alberta, Canada

Date

Mar 07, 2024

Page

1

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.

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.

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.

Bank of Canada Tiff Macklem Governing Council Macklem Statistics Canada Dawn Desjardins Deloitte Canada

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