As I reported earlier, the corporation will be governed by a board of directors, including a chair and vice-chair. That board was approved today.
More than a quarter of those projects are out of province.
Each week, the provincial government releases an economic update. I decided to finally look at the most recent one, and here’s what I found.
If passed, a new bill would allow the provincial government to create a new corporation, which it plans to spend $6M a year to operate.
The UCP government decided that one key to boosting the economy is reducing the tax rate to 8%, 2 years earlier than planned. Except tax cuts don’t create jobs.
The provincial government recently announced that applications for the Aboriginal Business Investment Fund opened on 29 June. Except they forgot to mention something.
The UCP government released the Alberta’s Recovery Plan this week. One thing highlighted in the recovery plan is capital spending of over $10 billion, “the largest ever capital spend” in Alberta.
The idea that Alberta has contributed more than any other province is a complete myth. Alberta, as a government, has never contributed to the equalization programme.
Last week, I reported that Alberta has lost 300,000 full-time jobs since the Alberta government implemented their “Job Creation Tax Cut” in July 2019. But how many of them were public sector jobs?
You’ve probably heard people—sometimes even politicians—claim that giving businesses tax breaks creates jobs. Here’s why that’s a myth.