Southern Alberta Council on Public Affairs (SACPA)
Cuts to Public Service or Deficit Financing: What are Alberta’s best Options? (Part 1)
- Autor: Podcast
- Narrador: Podcast
- Editor: Podcast
- Duración: 0:27:19
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Sinopsis
The Alberta NDP government’s 2017 budget was presented on March 16 and projects a $10.3 billion deficit this year on revenue of $45 billion. While the budget will see Alberta go further into the red, despite its implementation of a carbon levy, it also promises hospital spending, new schools and other infrastructure along with more money for seniors and social services. Opposition leaders have loudly been calling for the government to curb pending, saying that the cost of a growing debt load will handicap future generations unfairly. However, Alberta's population is still growing despite the economic downturn caused by low oil/gas prices. Cutting services and deferring capital projects could hurt the economy short term and may jeopardize future prosperity. The budget sets aside $4.5 billion over four years for infrastructure project and $100 million to help First Nations reserves get reliable access to clean drinking water Education spending is on the rise and cutting school fees for parents to the tun