Alberta budget frames debt as shock absorber for economy
Alberta's NDP unveils a budget to fund schools hospitals and hiring while borrowing to cover deficits. It earmarks money to cut school fees start a nutrition program and deliver a child benefit and provides grants up to 5000 for each new job plus 1.5 billion for small business access to capital. Debt peaks near 36.6 billion by 2018 and could exceed 47 billion by 2020 as day to day spending is funded by borrowing. Finance Minister Joe Ceci defends the plan as a stabilizing long term economic strategy.
MENTIONED IN THIS ARTICLE
Edmonton
Alberta
NDP
Ralph Klein
Joe Ceci
Local reaction to budget raises deficit concerns
Wildrose Leader Brian Jean criticizes the budget as a roadmap to crushing deficits and debt, calling the promise to pay them down unrealistic. The article signals further discussion on page A2.
MENTIONED IN THIS ARTICLE
Wildrose
Brian Jean
Alberta budget outlines multiyear deficit and spending focus
Alberta projects a 2015 16 deficit of 6 1 billion on 43 8 billion revenue and 49 9 billion expenses with deficits stepping down to a 1 billion surplus by 2019 20 Revenue is set to grow six percent annually while expenses rise two percent The four biggest ministries Health Education Advanced Education and Human Services account for 75 percent of annual operating spending Oil prices are forecast to rise from 50 to 61 to 68 per barrel over the period Resource revenue falls by six billion from the prior year and contingency funds are planned to drain by 2017.
MENTIONED IN THIS ARTICLE
Health
Education
Advanced Education and Human Services
West Texas
Alberta
Monarch complaints eyed by Human Rights Tribunal follow up
Medicine Hat police say two people spoke with officers this summer about the Monarch matter. One felt intimidated while the other alleged bullying by a group. CCDA chair Les Schwabe and City Councillor Jamie McIntosh push for a third party review and reopening past investigations to ensure proper steps were followed.
MENTIONED IN THIS ARTICLE
Alberta Human Rights Tribunal
Medicine Hat
Monarch Theatre
City Centre Development Agency
Les Schwabe
CCDA
Jamie McIntosh
McIntosh
Wendy Scott appeals to overturn murder plea in Armstrong case
Alberta Court of Appeal ruling orders a new trial for Wendy Scott over the 2011 Victoria Day killing of Medicine Hat resident Casey Armstrong. Scott had pleaded guilty to second-degree murder in 2012 amid a deal that reduced from first-degree murder and involved co defendant Connie Oakes.
MENTIONED IN THIS ARTICLE
Wendy Scott
Medicine Hat
Casey Armstrong
Alberta Court of Appeal
Scott
Armstrong
Andrea Dolan
Maggie O'Shaughnessy
Connie Oakes
Oakes
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