Issues to follow in 2023- Analysis and Opinion- Part 1
Report by Todd Hirsch for NDP on windfall.
In October former ATB Financial Todd Hirsch was given a mandate by NDP leader Rachel Notley to study what to do with windfall revenues received by the province’s treasury. Hirsch was a consummate pick of Notley. (Full disclosure- I hired Todd as ATB's first economist through a lengthy process which I won't bore you with.) Hirsch was ATB’s chief economist for 15 years and knows the province’s economy inside and out. Hirsch’s persona, excellent speaking raves and travelling to ever part of the province speaking and learning about Alberta’s economy will build enormous economic credibility which the NDP hopes to “capitalize” on. There are only so many financial alternatives to parceling out a budget surplus: 1) pay down debt, 2) spend the money, o...