Alberta budget raises taxes to cover oil slump
The 2015 16 Alberta budget hikes taxes and fees across the board to a record 5 billion deficit as oil revenue collapses. New measures include a health care levy, a higher fuel tax to 13 cents a litre, higher alcohol and cigarette taxes, and targeted brackets for higher earners. The plan also introduces a refundable tax credit and raises fines and various fees while moving away from the 10 percent flat tax. Premier Jim Prentice says the budget is needed to stabilize day to day spending amid volatile energy prices.
MENTIONED IN THIS ARTICLE
Edmonton
Robin Campbell
Jim Prentice
Canada
Budget leaves Medicine Hat officials cautious on municipal dollars
Alberta's 2015 16 budget preserves municipal funding levels with a $373 million cut offset by a $399 million one time payment to municipalities. City officials say the plan returns to prior levels and may still require time to review GreenTrip changes and flood protection grants. Mayor Ted Clugston notes no big surprise and outlines ongoing discussions with provincial officials.
MENTIONED IN THIS ARTICLE
Alberta
City of
Medicine Hat
Ted Clugston
Robin Campbell
Municipal Sustainability
Brian Mastel
Alberta budget sparks MLA clash over tax hikes and deficits
Alberta MLAs Blake Pedersen and Drew Barnes clash over the 2015 provincial budget tabled by Premier Jim Prentice. They discuss rising taxes, a health-care levy, a $5 billion deficit, and the end of the Alberta Advantage with Barnes criticizing increased taxation and spending.
MENTIONED IN THIS ARTICLE
Progressive Conservative
Jim Prentice
Alberta
Blake Pedersen
Medicine Hat
Edmonton
Cypress Medicine Hat
Drew Barnes
Wildrose Party
Canada
Prentice PC
Barnes
Also Mentioned on This Page
Medicine Hat News
the Canadian Press
Lee Albertans
Jason Franson
Campbell
Ega
Medicine Hat the
Collin Gallant
Ed Stelmach
The
Bob Booth
City Opinion Sports Classifieds
SOUL
O.A.C
Southland
CKIA
Trans Canada Way
S Pedersen
Wildrose
Charles Lefebvre
Mhnlefebvre
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