Wednesday, January 22

Politics

Energy, Energy, Politics

Gordon Laxer on Big Foreign Oil

Balancing perspectives: Why was foreign influence exercised in Alberta’s Oilpatch not investigated by the Allan Inquiry? Gordon Laxer is one of Canada’s foremost political economists. He was the founding director of The Parkland Institute at the University of Alberta and is the author of many books, articles, and opinion pieces on Canada’s oil and gas sector. Abpolecon.ca is pleased to share with our readership Dr. Laxer’s recent work on foreign influence and control in Canada’s oil and gas sector. In a report, co-published by the Council of Canadians and CPPA Saskatchewan and B.C., entitled “Posing as Canadian- How Big Foreign Oil captures Canadian energy and climate policy,” he counters the widely derided Allan Inquiry report into foreign funding. Laxer finds it hypocritical of UCP polic...
Budget, Energy, Government Finances, Politics

Alberta’s Revenue Options: Presentation to Association of Retired University Professors, U of A

Presentation On Thursday, 6 January I was invited to make a presentation on what the province's revenue options were going into the next budget. Provincial budgets by law must be presented before the end of each February. The presentation generated a great deal of discussion which will be touched on below. The PDF of presentation can be found at the foot of this article.   The purpose of the discussion was to stimulate an exchange of ideas concerning what  future Alberta governments might do to raise more revenue. I began by defining what I saw as the problem. The first problem is the Alberta government's over-reliance on resource royalties to fund its spending. The second issue is that Alberta has not achieved a budgetary surplus without resource revenue since at least 1965. The first ch...
Environment, Government Finances, Intergovernmental, Opinion/Research, Politics, Rural

2021 Top Stories

Politics During 2021 Alberta’s political oxygen was consumed almost entirely with COVID-19- a topic Abpolecon.ca kept in the background.  The third, fourth (Delta) and fifth (Omicron) waves rolled over the province and Kenney’s government was consistently found wanting. Not only was 2021 defined by the premier’s mishandling of COVID - the “best summer ever” but the NDP consistently out fund-raised the UCP. On top of these failures was a sexual harassment suit, an ill-timed UCP Christmas reception, and 22 constituency associations demanding the leadership review be bumped up to March (the effort was denied by the party Executive). By September Kenney was regarded as a “dead man walking.”  In December, former Wildrose leader and UCP leadership contestant Brian Jean resurfaced as UCP candidat...
Intergovernmental, Opinion/Research, Politics

A Pointless Vote- Opinion

Party National -Popular-Vote National- Seats Alberta- Popular Vote Alberta- Seats (2019) Liberals 32.4% 159 15.3% 2 (0) Conservatives 33.8 % 119 55.4% 30 (33) Bloc Quebecois 7.8 % 33 Not registered 0 Green Party 2.3% 2 0.9% 0 People's Party 5.1% 0 7.5 % 0 New Democrats 17.7% 25 19.0% 2 (1) Maverick Party 0.2%   0 1.3% 0 After 36 days of political blustering, Canadians learned "the morning after" there will be another minority government led by Justin Trudeau's Liberals. At 12 noon on 26 September MT Elections Canada shows the Liberals leading in 159 seats, the Conservatives at 119, Bloc at 33 seats, NDP at 25 and the Green Party with two candidates leading/elected.  National Vote In the popular vote, the Tories lead at 33.7 per cent followed by the Liberals at 32.6...
ATB, Politics

Hyndman Papers: Treasury Branches (Part 2)

The 1980s brought what some considered to be unconscionably high interest rates to Canadians and Albertans. in 1979 Albertans went to the polls.  A key policy measure was interest shielding program which assisted Treasury Branches' borrowers. The below memo written on behalf of the de facto inner cabinet succinctly terminated the program.    ALBERTA EXECUTIVE COUNCIL FROM:     Harry Hobbs                   Deputy Minister   TO:         Honourable Lou Hyndman                  Provincial Treasurer                                            DATE: May 28, 1980   SUBJECT:  TREASURY BRANCHE INTEREST RATES   At its meeting of  May 26, 1980, the Finance, Priorities and Co-ordination Cabinet Committee agreed that Treasury Branches would discontinue shielding of interest rates in view of the curren...
Government Finances, Health, Opinion/Research, Politics

Alberta Nurses- Poised to Strike?

Soon after Finance Minister Travis Toews announced a $17-billion deficit, on 6 July he fired a warning shot at the United Nurses of Alberta. While acknowledging nurses’ contributions to responding to the COVID-19 health crisis (“working diligently throughout”), the News release stressed “the important work of getting the province’s finances back on track.” The terse release reiterated the gist of the MacKinnon Report’s recommendations that for Alberta to rebalance its finances it must cut both the size of the public service as well as bring salaries and benefits in line with other provinces. According to Toews, nurses in Alberta get paid 5.6 per cent more than other comparator provinces (presumably B.C., Quebec and Ontario). This differential costs the Alberta taxpayers an extra $141-mill...
Agencies, Energy, Environment, Health, Politics

The times they are a’changin

Come senators, congressmenPlease heed the callDon't stand in the doorwayDon't block up the hallFor he that gets hurtWill be he who has stalledThe battle outside ragin'Will soon shake your windowsAnd rattle your walls… Bob Dylan On Thursday 18 June a remarkable event took place. The near simultaneous release of an Alberta Energy Regulator (AER)/Canadian Environment Impact Assessment Agency (CEIAA) joint panel rejection of the controversial Grassy Meadows coal project and a news release from Alberta's Environment and Energy ministers "respecting" the Joint Panel’s recommendations. The Thursday announcements followed declarations by federal Environment Minister Jonathan Wilkinson that all coal projects which produced selenium would be subject to federal review due to the environmental impa...
ATB, Politics

Hyndman papers: Treasury Branches (Part 1)

  In these excerpts from the Hyndman papers are glimpses of both the political and administrative issues associated with a provincial government owning a de facto bank. The first memorandum, from the Provincial Treasurer to his deputy, suggests that just prior to the memo's execution an M.L.A., irate at being surprised that a Treasury Branch in his/her constituency had closed or was about to close, and they had been not informed.  The closure of bank branches in rural areas during the 1980s and 1990s caused the federal government to require the banks to go though a reporting process and the giving of notice to communities about the intended branch closures. This was also adopted by the Alberta government around 2000 and still is included in the Mandate and Roles document which outlines a 9...
Budget, Government Finances, Opinion/Research, Politics

Budget 2021- the fine art form of scape-goating: Opinion

Finance Minister Toews has learned from his grandmaster, Premier Jason Kenney, the dark art of scape-goating. Budget 2021 offers more of the same- restraint in public sector spending which is, in fairness, what they have promised.  Except for the disastrous decline in resource revenue and increased health spending due to COVID, the government has retreated from its promise to balance the budget in its first term. The scape-goats predictably are the federal government and the compensation levels for unionized public sector workers. The Alberta government continued to tilt at windmills like equalization payments and the federal government's environmental assessment process. Over nearly 2 years of UCP rule, total debt has risen from $92.8 billion to $133.6 billion  and is projected to reach ...
Government Finances, Politics

Post-Mortem Budget 2021

Updated 25 March 2021 Subscribers and readers wishing to watch the unedited recording of the event see immediately below: Topic: Alberta Budget Panel Date:Mar 11,2021 11:32 AM Mountain Time (US and Canada)Recording-1(1.15 GB)https://ualberta-ca.zoom.us/rec/play/Fho1Zu-z2P0siweIkLKS69c5I0qJayPVtifu-qxUYHMxfTjxc4FhEmkNKH45qzB6skdm4bOLgqfj5a69.TAUF0uNq74aG3bwRPasscode: S^hpKdE6     Event registration closed. Video recording will be available after the event.  Economics Society of Northern Alberta Institute of Public Administration of Canada (Edmonton) The Parkland Institute University of Alberta Present Post-Mortem on Alberta Budget 2021 Noon: Thursday 11 March 2021   On 25 February, Treasury Board President and Finance Minister Travis Toews presents his third budget- the first item on ...