Tuesday, May 6

Opinion/Research

Is Danielle Smith a Separatist/Annexationist? Part 2
Credit Ratings, Economic Data, Energy, Government Finances, Intergovernmental, Opinion/Research

Is Danielle Smith a Separatist/Annexationist? Part 2

Updated 3 May 2025 Note to readers:  The comments section below is now functioning.  Please feel free to comment on any of my scribbling. I would like to hear what you think. Explanatory comment I have been working on this question for the better part of three weeks spurred on my the concatenation of Her fiery speech to the Legislative Assembly on 26 March, Her attacks on Carney and the trip to PungurU and Ben Shapiro, revealed She was exploring the idea of independence ("from Ottawa) or statehood ("Texas of the North). As this blogs shows it is charitable to say Smith is "flirting" with separatism.  It's doubtful there was that much open animosity between Ottawa and Quebec during 2 referenda. Smith's fiery speech might be compared to pre-Civil War missives from the south to Washingto...
Is Danielle Smith really a Separatist or Annexationist? Part 1
Credit Ratings, Economic Data, Energy, Government Finances, Intergovernmental, Opinion/Research

Is Danielle Smith really a Separatist or Annexationist? Part 1

Note to readers:  The comments section below is now functioning.  Please feel free to comment on any of my scribbling. I would like to hear what you think. Background In a June 2023 article in The Conversation I raised the question “Will Danielle Smith veer back to the right and towards Alberta separatism?” At the time, a month after Smith’s United Conservative Party won the general election, I argued that Alberta had an economic and financial “ace in the hole”- Alberta’s vast export surplus driven by conventional and unconventional oil. Alberta separation would mean that Canadians' standard of living would drop significantly as would the Canadian dollar. I also noted that, unlike Quebec Inc., the ownership of Alberta’s fossil fuel-based economy is largely controlled by American financia...
Banks, Energy, Environment, Investment, Opinion/Research, Politics

Presentation to Philosophers’ Cafe- Mark Carney’s book Value(s)

Updated 1 May 2025. On Saturday 26 April, I was invited to present to the Philosophers' Cafe on Mark Carney's 2021 book Value(s). It was a pleasure to present this to an exceptional group of engaged, mostly seniors.  This invitation from Professor Emeritus  Martin Tweedle was prompted by a book review I can written in May 2021 on Carney's "Magnum Opus." You can access my dressed up speaking notes in the PDF file below. The discussion was spirited at times with many questions coming back to who is this man?  Can he be trusted given his corporate connections? Unlike the book review, my presentation made some additional points about the book.  First, Carney left the Bank of England (BoE) at the end of February 2020 and yet he had the final 600 -page manuscript to the publi...
Agencies, Government Finances, Health, Opinion/Research, Politics

Chronology of Events- AHS CEO’s Statement of Claim

This detailed chronology is drawn from the statement of claim by Athana Mentzelopoulos (SOC), statements of defence (SOD) from the Government of Alberta /Adriana LaGrange (GOA) and by Alberta Health Services (AHS) and Mentzelopoulos's reply to the statements of defence (REP). The chronology should be read in conjunction with Smith, LaGrange, Alberta public service face grave test and Mentzelopoulos: AHS, Government defence and plaintiff's reply. This litigation is extraordinarily complex and allegations have not been proven in court. Perceptions differ among the participants and what one says versus what is heard to said may be completely different. The Government and AHS's narrative focuses on Mentzelopoulos's failure to lead the reorganization of AHS into Acute Care Alberta. It also r...
Mentzelopoulos: AHS, Government defence and plaintiff’s reply
Agencies, Budget, Health, Opinion/Research, Politics

Mentzelopoulos: AHS, Government defence and plaintiff’s reply

Note: this post should be read in conjunction with "Smith, LaGrange, Alberta public service face grave test"  which examined the Statement of Claim brought by the former President and CEO of Alberta Health Services, Athana Mentzelopoulos against AHS, Adriana LaGrange and the Government of Alberta. In addition a Chronology of Events provides a detailed timeline based on the statements filed at the Court of King's Bench. No allegations have been proven in Court. The full Statement of Claim (SOC) is found below. Government of Alberta (GOA), Adriana LaGrange Statement of Defence (filed 18 March) The statement of defence (SOD) may be found below.  Health Minister LaGrange and the Government of Alberta are represented by Bennett Jones LLP (Munaf Mohamed KC). The GOA defence r...
Energy, Environment, Intergovernmental, Opinion/Research

Premier Smith threatens national unity crisis- it’s about distraction

Note to readers:  The comments section below is now functioning.  Please feel free to comment on any of my scribbling. I would like to hear what you think. It has been a busy week since Mark Carney was elected Liberal Party leader and formed a government. Danielle Smith has used Carney’s recent and rapid rise as Liberal leader to set out conditions (see below) for either the new Liberal PM or a future CPC leader, Pierre Poilievre to meet.  All of these demands are rooted in the goals of the oil and gas industry or the Take-Back-Alberta activists now controlling the United Conservative Party. Last week I canvassed Smith’s fusillade at newly sworn in PM Carney of 14 March.  This past week she has continued her campaign to force federal political leaders to come on board to in effect ...
Smith pivots- her new scapegoat is Mark Carney
Energy, Environment, Intergovernmental, Opinion/Research, Politics

Smith pivots- her new scapegoat is Mark Carney

Note to readers:  The comments section below is now functioning.  Please feel free to comment on any of my scribbling.   Alberta governments have a history of painting the federal government as a malevolent force.  An early and legitimate beef was the lack of control and ownership of natural resources which wasn't rectified until 1930. Readers are familiar with the rise of the Social Credit movement and its five year fight over banking with the Dominion government. The most recent fight since today's skirmishes was the battle over provincial government power over the setting of resource pricing, commonly known as the National Energy Program, It is a canon of Alberta political science that successful premiers fight Ottawa. For an excellent note on western alienation/separatism...
Alberta Budget 2025- deficits return
Budget, Capital Spending, Fiscal History, Government Finances, Opinion/Research, Politics

Alberta Budget 2025- deficits return

On 27 February Treasury Board President and Minister of Finance Nate Horner tabled the budget for the fiscal year 2025-26 and as required by law the budget sets out targets for fiscal years 2026-27 and 2027-28. I was privileged to be the guest of NDP MLA for Edmonton-Goldbar, Marlin Schmidt. For over 40-years I have been able to attend budget addresses, work on about 10 budgets while at the Treasury department, and attend half a dozen budget lock-ups while at ATB Financial and the Institute for Public Economics. I have watched the performance of many finance ministers under 9 premiers (excluding the caretaker David Hancock).  I note that no finance minister over these 40-years has ever become premier.  Notable were Jim Dinning, Doug Horner, Ted Morton, and Travis Toews’ challenges for t...
Smith, LaGrange, Alberta public service face grave test
Agencies, Budget, Government Finances, Health, Opinion/Research, Politics

Smith, LaGrange, Alberta public service face grave test

Updated 18 February 2025 On 5 February 2025, Carrie Tait of the Globe and Mail broke the story of the dismissal of Athana Mentzelopoulos who was the President and Chief Executive Officer of Alberta Health Services (AHS). Since that date Ms. Mentzelapoulous has entered a statement of claim at the Court of King's Bench seeking: a. Judgment for pay in lieu of notice in the amount of $583,443.00, less applicable income tax; b. Judgment for bad faith, aggravated, and/or punitive damages, in the amount of $1,116,557.00; c. In the alternative, judgment for damages for breach of contract in the sum currently estimated at $1,700,000.00, less applicable income tax, being the balance of the compensation owed under the Employment Agreement, or such further and other amount as this Honourable Cou...
Agencies, Government Finances, Investment, Opinion/Research, Politics

“Alberta’s New Heritage Fund “

  Updated 8 February 2025 On 5 February this post was originally published.  I  February 2025 the Standing Committee of the Alberta Heritage Savings Trust Fund met to hear from the President of Treasury Board and Minister of Finance, Nate Horner, his officials, and the Acting Chief Executive Officer of the Alberta Investment Management Corporation AIMCo, provide a high level overview of the new Heritage Fund.  Secondly, the Committee received an update on the second quarter report of the Fund's performance. As a result of this testimony and questions and answers. some of the unanswered questions I had about the Fund "refresh" were clarified. I have made some changes from the original post which are highlighted in bold type. The transcript for the meeting has not been posted b...