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Alberta’s debt on track for $70 billion by Sunday

According to the Alberta government’s own projections, the province is still on target to reach $100 billion in debt by 2023.

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Alberta’s deep plunge into the red continues and is set to hit a milestone this weekend.

“The Alberta government’s debt is increasing at $290 per second and will reach $70 billion on Sunday, Jan 19, at 11:06 a.m.,” said Franco Terrazzano, Alberta Director of the Canadian Taxpayer’s Federation (CTF) in a press release Friday.

“The government’s most recent budget is increasing total spending by $174 million between 2018 and 2022 and adding $30 billion to the provincial debt tab.”

Even though the government has cut numerous services and plans to eliminate thousands of jobs, it hasn’t made a dent in projected debt levels.

According to the Alberta government’s own projections, the province is still on target to reach $100 billion in debt by 2023.

“Taxpayers are in for a rude awakening when it comes time to pay the piper,” Terrazzano said.

Alberta’s credit was also downgraded for a seventh time after the Jason Kenney-led government introduced the budget in October, which increases the potential interest rates on the province’s borrowing.

For the 2019/2020 fiscal year, which ends in March, the Alberta government borrowed an additional $2 billion dollars. According to that same budget, the government intends to borrow an additional $2 billion dollars more in the 2020/2021 fiscal year.

Additionally, the government has reduced corporate taxes in the hopes of setting a fire under the economy and repealed the carbon tax on roughly 50 per cent of emissions producers. The former will result in a $4.7 billion dollar loss of revenue over the next four years (according to the government’s budget) and the latter reduced revenue by approximately $2 billion each year.

The government hopes the corporate income tax drop will result in the creation of enough jobs to replace the loss of corporate tax with increased personal taxes.

Some research has shown that employment can increase by around 0.6 per cent for every percentage point decrease in corporate income tax rates, University of Calgary economist Trevor Tombe told the Star in November. It could bring Alberta’s unemployment rates back to around 4.6 per cent by 2023.

Bev Dahlby, research director and distinguished fellow, tax and economic growth at the University of Calgary published a report in September that looked at the potential for job growth under the corporate income tax structure the UCP is implementing.

Dahlby said the modelling suggests that the reduction in Alberta’s corporate tax rate could be reflected in job creation within the next decade.

“This would translate into … employment increases of approximately 58,000 in 2022 and 172,000 by 2029.”  

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Kenney leadership review to be held April 9 in Red Deer, in convention-style vote

The UCP board decided not to listen to demands from 22 constituency associations that wanted a review by March at the latest, said a Western Standard source close to the board.

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Editor’s note. Due to a typo, the initial version of the story said the review would be April 6. Sources say the vote will take place April 9.

A pay-to-vote leadership review of United Conservative Party leader Jason Kenney will be held April 9 in Red Deer, the Western Standard has learned.

The UCP board decided not to listen to demands from 22 constituency associations that wanted a review by March at the latest, said a Western Standard source close to the board.

The source said the board felt it was “being generous” to the 22 rebel ridings by holding a review in April.

Details on how much it will cost to go to the conference are still being worked out, but it will be a system where you have to pay to vote, the source said.

Those details are expected to be announced in January.

While the board meeting was “friendly,” pro-Kenney factions later held long discussions to plan strategy, said the source.

A convention-style review appears to favour Kenney as opposed to a one-vote-per-party-member system as Kenney is famed for his political organizing power.

His office came under fire last month for allegedly using money from third-party political action committees (PACs) to send people to the UCP AGM which turned into a Kenney love-fest that left the leader smiling.

Kenney denied knowledge of the PAC money.

“I’m not involved in third party organizations, but third party political organizations are free, within the law, to be involved in politics,” said Kenney.

Prior to the AGM Airdrie-Cochrane UCP MLA Peter Guthrie sent Kenney a letter which said the party was on the verge of collapse. 

“Public opinion continues to wane, and we may be at a point where this party cannot be salvaged,” writes Guthrie, in the letter obtained by the Western Standard.

“Membership has fallen from 150,000 to less than 10,000 and fundraising is evaporating along with our credibility.”

Much of the UCP grassroots frustration has come on the heels of controversial COVID-19 lockdown restrictions. Kenney also brought in a vaccine passport scheme he vowed never to introduce.

Another scandal that infuriated UCP members was when the infamous pictures were published of Kenney holding an outdoor dinner on the balcony of the “Sky Palace” in contravention of the government’s of laws, regulations, and guidelines.

In April, a UCP MLA told the Western Standard they are “100% certain” Kenney would be the subject of an early party leadership review.

“Caucus is in total chaos,” said the MLA, who spoke with the Western Standard on the condition of anonymity.

But the expected caucus revolt failed to materialize.

At one point the caucus booted MLAs Todd Loewen and Drew Barnes for dissension.

Editor’s note. Due to a typo, the initial version of the story said the review would be April 6. Sources say the vote will take place April 9.

Dave Naylor is the News Editor of the Western Standard
dnaylor@westernstandardonline.com
Twitter.com/nobby7694

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YouTube cancels Western Standard for reporting news story

“Your channel now has one strike,” said YouTube in the e-mail, adding Western Standard’s account has been suspended for one week.

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YouTube issued one strike against the Western Standard for reporting on a Calgary police officer who was put on leave for refusing the COVID-19 vaccinations.

YouTube sent the notification via e-mail to Derek Fildebrandt, president and CEO of the Western Standard, on Wednesday, and stated the video included in the story violates YouTube’s “medical misinformation policy.”

“YouTube doesn’t allow claims about COVID-19 vaccinations that contradict expert consensus from local health authorities or the World Health Organization (WHO),” said the e-mail.

“YouTube banned our account for sharing content that contradicted the advice of the WHO and local health authorities,” said Fildebrandt.

“But the WHO and local health authorities contradict themselves. One such health authority, Alberta Health Services (AHS), had to contradict itself after the Western Standard caught them lying to Albertans about which they falsely claimed was a COVID-19 death of a child.”

The notice indicated YouTube had removed the video stating, “We know this might be disappointing, but it’s important to us that YouTube is a safe place for all.”

In the video, an emotional Const. Brian Denison, a 24-year veteran with the Calgary Police Service (CPS), explained the turmoil he has faced for refusing to be vaccinated by the December 1 deadline set out by the CPS.

Denison, one year from retirement, called the vaccine policy a “farce” and said the CPS is “bullying” staff. He also described the segregation of society into the “vaccinated and unvaccinated” as similar to Hitler’s Nazi regime.

The Western Standard’s News Editor Dave Naylor covered the story in an unbiased fashion and included the video of Denison.

“Your channel now has one strike,” said YouTube in the e-mail, adding Western Standard’s account has been suspended for one week.

The YouTube team further warned a second strike will result in a two-week suspension and three strikes within a 90-day period would result in the channel being permanently removed.

“YouTube — like other big tech and big social corporations — is so terrified of being regulated by the government that it over-regulates itself,” said Fildebrandt.

“In time, these monopolies will destroy themselves.”

The Western Standard has already submitted an appeal to YouTube and contacted their press department, as well as moved the video in question to Rumble.

“Of all the social media giants, YouTube has the weakest monopoly,” said Fildebrandt.

“They can ban the Western Standard and other media from posting legitimate news content all they like, and we’ll just put it on other platforms. That’s why we’ve been making a concerted effort to utilize platforms with a greater respect for free speech, like Rumble.”

The Western Standard did not receive a response from YouTube’s press department in time for publishing.

Melanie Risdon is a reporter with the Western Standard
mrisdon@westernstandardonline.com

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Canada joins growing diplomatic boycott of Chinese 2022 Olympics

The countries say the move is to protest the human rights record of the Chinese government, especially when it comes to the minority Uyghur Muslim community.

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First, it was the US. Then Australia. Now Canada has joined the list of countries refusing to send diplomats or high-level officials to the Beijing Winter Olympics next year.

The countries say the move is to protest the human rights record of the Chinese government, especially when it comes to the minority Uyghur Muslim community.

Canadian athletes will still be allowed to compete.

“For months, we have been coordinating and discussing the issue with our allies,” Prime Minister Justin Trudeau told reporters Wednesday.

“As many partners around the world, we are extremely concerned by the repeated human rights violations by the Chinese government.

“This should not come as a surprise” to the Chinese regime, said Trudeau.

“(The athletes) need to have one thing in mind and that’s representing the country to the best of their ability and winning a gold medal for Canada,” he said.

Earlier this year, the House of Commons passed a motion calling the violence directed at religious minorities in China’s Xinjiang province as “genocide.” Trudeau and his cabinet were absent for the vote.

In a statement, the Canadian Olympic Committee (COC) said it “understands and respects” the decision and applauds the effort to “draw an important distinction between the participation of athletes and the participation of government officials.”

Canada’s last Olympic boycott was in Russia in 1980, protesting that country’s invasion of Afghanistan.

The US announced its decision on Monday.

“U.S. diplomatic or official representation would treat these games as business as usual in the face of the [People’s Republic of China]’s egregious human rights abuses and atrocities in Xinjiang, and we simply can’t do that,” White House Press Secretary Jen Psaki said during a briefing.

Chinese officials have already said the US will pay for its boycott.

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Petition: No Media Bailouts

We the undersigned call on the Canadian government to immediately cease all payouts to media companies.

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No Media Bailouts

The fourth estate is critical to a functioning democracy in holding the government to account. An objective media can't maintain editorial integrity when it accepts money from a government we expect it to be critical of.

We the undersigned call on the Canadian government to immediately cease all payouts to media companies.

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The Western Standard will never accept government bailout money. By becoming a Western Standard member, you are supporting government bailout-free and proudly western media that is on your side. With your support, we can give Westerners a voice that doesn\'t need taxpayers money.

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