Alberta: more bad news coming

[The Green Barbarian]

Oh yes they can and do..... Basically a carbon copy of Ontario being run by another CON.

They can only hope. The regressive Leftist disasters of Nutley and Wynne were enough to turn any and all stomaches. What truly awful governments those two ran.

If we had elected Scheer as PM, despite what the blindfolded partisan CONs denials, he would have done to the rest of Canada what is being done in Ontario and now Alberta......slash and burn......of course except for the wealthy and the Oil Companies.

This is what I find hilarious. Liberal partisans kept accusing Scheer of lying, and yet look at the giant porkie that was just told above.

Jason Kenney slashed the budget—hey, Trudeau made him do it!

https://www.msn.com/en-ca/news/politics ... li=AAggXBV

No - low oil prices received thanks to no pipelines being built, thanks to the regressive Left and the enviro nuts. Just so sad.

[The Green Barbarian]

A Kelowna real estate agent has allegedly been fired over controversial remarks he made on Facebook about Albertans.

Screenshots of Ben Houghton's profile include a post stating: "Alberta such cry babies ... don't worry Alberta your greed will soon be back in full swing."

SNIP

"Yesterday, Ben Houghton, a realtor from our firm, made negative comments about Albertans," the post stated. "We wholeheartedly disagree with the remarks made about our fellow Canadians."

"Alberta has been an economic engine for our country. We sympathize with Albertans about the current economic climate and appreciate their perspective."

"Our brokerage has suspended Mr. Houghton and he is no longer a registered realtor with our firm."

Sounds about right for a Trudeau cultist.

[fluffy]

I’ve been working in the oilsands since late 2013 and have had a ringside seat through government changes, an economic rollercoaster and the natural devastation of the Ft. Mac wildfires. Considering the hand they were dealt the NDP and Rachel Notely performed well. Yes they raised taxes, they promised as much in their campaign in 2015. The “Alberta Advantage” of low corporate taxes was put in place on the promise of plentiful jobs and tax revenue from those corporations benefitting, specifically the oil and gas sector. With the crash in oil prices that promise evaporated, layoffs were rampant and projects cancelled. The corporate tax rate now sits middle-of-the-pack compared to other provinces. Personal income tax rose for high income earners, those making $125K/yr or more, again as promised in her campaign. Those with a higher ability to pay shoulder a greater share of the load, just like the rest of the country.

Detractors are quick to point the finger and shout “lefty” but isn’t that what this election was all about? Socialism vs. Capitalism? The good of the whole vs. the good of the individual? That’s what it was for me. It’s hard to ignore rising poverty and the crime that goes with it, a shrinking middle class, job precarity, out-of-control property prices, and all the other gifts of a capitalist system so heavily favouring those who already have more than they need. I’m not saying it’s time for a revolution or anything, but the pendulum is stuck at the high end and needs to swing back a bit.

Now we have Jason Kenney promising to cut the corporate tax rate in an attempt to turn back the clock on an industry moving into decline while at the same time moving to slash programs and services that benefit those who need them most.

[crookedmember]

Now we have Jason Kenney promising to cut the corporate tax rate in an attempt to turn back the clock on an industry moving into decline while at the same time moving to slash programs and services that benefit those who need them most.

Yup.

Austerity doesn't work. It has never worked anywhere. It's just an excuse to hurt ordinary people while giving the richest tax cuts.

When money is taken out of the economy and jobs are slashed, it tends to have a domino effect. Alberta is going to be a disaster a couple of years down the road.

Will the UCP be re-elected? Of course they will. Rural Albertans would elect steaming cow pies if they were painted blue.

If 44 years of conservative governments hasn't taught them that conservatives are good at neither governing nor economics, nothing will.

They have the government 54.88% of them deserve.

[George Orwell 1984]

When the socialists are whining you know you are on the right track for budgets.

[kgcayenne]

I am noticing a number of people stating they live he and work in Alberta. I find I ironic because wouldn’t it be better for Alberta’s economy if the people working there actually lived there? Also, wouldn’t our housing costs have balanced a little better here if working-aged people living here actually worked here.

[christopher]

Oh yes they can and do..... Basically a carbon copy of Ontario being run by another CON. If we had elected Scheer as PM, despite what the blindfolded partisan CONs denials, he would have done to the rest of Canada what is being done in Ontario and now Alberta......slash and burn......of course except for the wealthy and the Oil Companies.

Jason Kenney slashed the budget—hey, Trudeau made him do it!

https://www.msn.com/en-ca/news/politics ... li=AAggXBV

A conservative needed to do the hard job after years of reckless spending by socialist dreamers

[crookedmember]

A conservative needed to do the hard job after years of reckless spending by socialist dreamers

Actually, the Ford "conservatives" are spending even more, while getting Ontario's credit ratings slashed to boot.

Facts matter. Maybe not to the conservatives on this board, but they do matter.

https://business.financialpost.com/opin ... in-2018-19

[hobbyguy]

I’ve been working in the oilsands since late 2013 and have had a ringside seat through government changes, an economic rollercoaster and the natural devastation of the Ft. Mac wildfires. Considering the hand they were dealt the NDP and Rachel Notely performed well. Yes they raised taxes, they promised as much in their campaign in 2015. The “Alberta Advantage” of low corporate taxes was put in place on the promise of plentiful jobs and tax revenue from those corporations benefitting, specifically the oil and gas sector. With the crash in oil prices that promise evaporated, layoffs were rampant and projects cancelled. The corporate tax rate now sits middle-of-the-pack compared to other provinces. Personal income tax rose for high income earners, those making $125K/yr or more, again as promised in her campaign. Those with a higher ability to pay shoulder a greater share of the load, just like the rest of the country.

Detractors are quick to point the finger and shout “lefty” but isn’t that what this election was all about? Socialism vs. Capitalism? The good of the whole vs. the good of the individual? That’s what it was for me. It’s hard to ignore rising poverty and the crime that goes with it, a shrinking middle class, job precarity, out-of-control property prices, and all the other gifts of a capitalist system so heavily favouring those who already have more than they need. I’m not saying it’s time for a revolution or anything, but the pendulum is stuck at the high end and needs to swing back a bit.

Now we have Jason Kenney promising to cut the corporate tax rate in an attempt to turn back the clock on an industry moving into decline while at the same time moving to slash programs and services that benefit those who need them most.

Think about this: the discussion gets framed as socialism versus capitalism.

Socialism is not monolithic. There are different flavors of "socialism". Soviet socialism was very, very different than Swedish socialism. Chinese communism is now experimenting with a mix that includes a lot of capitalism at the goods producing sector levels. Venezuelan socialism has morphed into something really weird - but with a significant and ominous parallel to Alberta - over dependence on the price and sales of heavy oil. Socialism varies from the relatively mild versions of Sweden and Finland through to Marxism, Leninism and even Trotskyites.

Capitalism is not monolithic. Capitalism in Germany pays Mercedes Benz workers 3-4 times what the same company pays workers in the southern U.S. The difference is different flavors of capitalism. Germany is very much stakeholder capitalism. The U.S. has become pretty much full blown shareholder capitalism.

The great building of middle class wealth in Canada and the U.S of the 1950s, 1960s, and 1970s was created utilizing a largely stakeholder capitalism model. That changed in the 1980s - but Canada has been more resistant to that change. The difference is quite marked. Canada - with greater stakeholder capitalism is now ranked 8th in the world for median wealth while the U.S. has plummeted to something like 22nd. The median Canadian - the person right in the middle - now has almost double the net worth wealth than our American counterparts. Here is a snapshot from 2014: https://money.cnn.com/2014/06/11/news/economy/middle-class-wealth/index.html

Watching Jason Kenney - he is pushing the shareholder capitalism model, whether he realizes it or not - and is continuing the one trick ponyism of over dependence on oil prices and expansionism of sales. (See Venezuela).

I'm not sure Jason Kenney is even aware of the differences between stakeholder and shareholder capitalism, but if you look at the median wealth chart I linked, ALL of the countries that are creating more real wealth for their citizens (the middle median person) are much higher on the scale towards stakeholder capitalism.

The shareholder capitalism mantra of corporate tax cuts/loopholes, services cuts, and laissez faire regulation policy has dropped the median wealth in the US like a stone. Not a good model to follow - unless you happen to be a 1%er or even better a .1%er.

[George Orwell 1984]

How’d that work out for Chrysler?

[Vacancyrate]

Also, wouldn’t our housing costs have balanced a little better here if working-aged people living here actually worked here.

Alberta wages vs. local sunshine wages + cheap credit is what pumped up this local real estate HELOC economy to the stratosphere. Entire economy floats on no-correlation-to-local wages real estate prices and the leverage of such properties.

Albertan's don't actually want to live in Alberta, that's why it's a bluff when they threaten to take their dollars elsewhere.

Albertans will not enjoy boating on Lake Manitoba as much as they do here, however they are certainly welcome to take a few summers off from coming here to test the waters elsewhere and find out how immune they are to mosquito's and horseflies.

[christopher]

A conservative needed to do the hard job after years of reckless spending by socialist dreamers

Actually, the Ford "conservatives" are spending even more, while getting Ontario's credit ratings slashed to boot.

Facts matter. Maybe not to the conservatives on this board, but they do matter.

https://business.financialpost.com/opin ... in-2018-19

Facts are clear that under the previous government Ontario spent themselves into a problem .

[crookedmember]

Facts are clear that under the previous government Ontario spent themselves into a problem .

Actually, facts are clear all previous Ontario governments from 3 parties spent and ran up the debt.

Pretty sure Doug Ford isn't going to 'fix' it by spending more and piling on even more debt.

[vegas1500]

Also, wouldn’t our housing costs have balanced a little better here if working-aged people living here actually worked here.

Alberta wages vs. local sunshine wages + cheap credit is what pumped up this local real estate HELOC economy to the stratosphere. Entire economy floats on no-correlation-to-local wages real estate prices and the leverage of such properties.

Albertan's don't actually want to live in Alberta, that's why it's a bluff when they threaten to take their dollars elsewhere.

Albertans will not enjoy boating on Lake Manitoba as much as they do here, however they are certainly welcome to take a few summers off from coming here to test the waters elsewhere and find out how immune they are to mosquito's and horseflies.

removed Albertans, just like people from any other province are very proud of where they live....if we didn’t want to live here, we wouldn’t. What about all the people that live in BC and work in AB...why don’t they stay in their own province? removed

[Silverstarqueen]

Canada, and Alberta: BRACE FOR IMPACT

https://pressprogress.ca/calgary-oil-ce ... -election/