Alberta Minute: Fiscal Update, Covid Clampdown, and More Corporate Welfare

Alberta Minute: Fiscal Update, Covid Clampdown, and More Corporate Welfare

Alberta Minute - Your weekly one-minute summary of Alberta politics.


Alberta Legislature by IQRemix on Flickr


This Week In Alberta:


Last Week In Alberta:

  • The latest Q2 provincial fiscal update shows slightly better figures than the Q1 update, but almost everything the government touches is still drowning in red ink. In particular, it projects a $21.3 billion deficit for 2020-21, $41.4 billion in revenue, an 8.1% Real GDP drop, and for Real GDP to only recover to 2014 levels by 2023.

  • The provincial government introduced even more severe restrictions on people's daily lives, including outdoor gathering limits, indoor gathering bans, occupancy limits for businesses, changes to the school year, and more.

  • It was also revealed that the province is still using taxpayer money for corporate welfare, this time giving $4 million to the NHL as some kind of quid pro quo for Edmonton hosting some of the Stanley Cup Finals. Remember, the supposed benefits of hosting those games have already been shown to have been wildly over-stated. Is this really what we should be spending taxpayer money on right now?





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  • Alberta Institute
    published this page in News 2020-11-29 20:10:47 -0700