It would also enable the government to keep all investment income within the Alberta Heritage Savings Trust Fund.
The United Conservative Party government is forecasting a $2.4-billion budget surplus for the 2023-24 fiscal year, with plans to take a big bite out of the province’s debt and help prevent deficits when oil booms go bust.With a population of 4.4 million, the province is on track to take in $70.7 billion in revenue and spend almost $67 billion. Another $1.5 billion is being set aside for unforeseen spending emergencies.
“A compelling data point that’s worth noting: if we had kept all of the previous earnings in the fund from day one, instead of $18 billion, we would have a fund approaching $300 billion,” Toews said Thursday.
🤣 unless an oil company needs a welfare check 🤬
Start with pathetic pathological liar slimy sleazy weasel snakeoil saleswoman spinner horse pasty DICTATOR DS!
Can the legislation include prohibiting the NDP ever having access to the Treasury?