Alberta
First Nation applauds new initiative protecting boreal forest in the Kitaskino Nuwenene Wildland Park
February 11, 2021
Fort Chipewyan-AB-Mikisew Cree First Nation applauds a major expansion in protecting the boreal forest area in the Kitaskino Nuwenene Wildland Park initiative.
The announcement to expand the protected area by nearly 150,00 hectares means more of the area south of Wood Buffalo National Park will be protected along with the headwaters, which flow into the Delta area. This marks a key step in a collaborative effort between Mikisew Cree First Nation, Government of Alberta, Government of Canada, energy, mineral and forestry companies.
“Today’s announcement is about protecting the land and celebrating partnerships between First Nations, government and industry,” said Mikisew Chief, Peter Powder. “We wouldn’t be on the doorstep of this significant expansion without cooperation. We hope this means we can move forward with the western expansion of the Kitaskino-Nuwenene Wildland Park as part of Mikisew’s stewardship vision for our lands, waters and iconic species such as woodland caribou and wood bison.”
After engaging with the community, it was clear leaders and land users wanted to protect this area for future generations. The overall goal of the Kitaskino Nuwenene Wildland Park is for Mikisew Cree First Nation and other Indigenous groups to play a key role in safeguarding the area and the traditional resources within it. The expansion has received a strong endorsement from the Athabasca Chipewyan Cree First Nation, Fort Chipewyan Metis, Fort McKay First Nation, Fort McKay Métis, and Fort McMurray Métis. Kitaskino-Nuwenene translated means, “Our Land” in Cree and Dene.
“Moving this forward is another step in implementing the Nikechinahonan Framework, which is the vision of the Mikisew to ensure our cultural survival. We look forward to building on this momentum by working to protect more habitat of the Ronald Lake Bison Herd and by continuing our efforts to save the Peace Athabasca Delta‘ ‘ said Melody Lepine, Mikisew Cree First Nation director.
Kitaskino Nuwenene Wildland Park is located along the southern border of Wood Buffalo National Park in northern Alberta. Phase 1 was established in 2019. This project was undertaken with the financial support of Environment and Climate Change Canada through Canada’s Nature Fund.
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Alberta
Alberta government should eliminate corporate welfare to generate benefits for Albertans
From the Fraser Institute
By Spencer Gudewill and Tegan Hill
Last November, Premier Danielle Smith announced that her government will give up to $1.8 billion in subsidies to Dow Chemicals, which plans to expand a petrochemical project northeast of Edmonton. In other words, $1.8 billion in corporate welfare.
And this is just one example of corporate welfare paid for by Albertans.
According to a recent study published by the Fraser Institute, from 2007 to 2021, the latest year of available data, the Alberta government spent $31.0 billion (inflation-adjusted) on subsidies (a.k.a. corporate welfare) to select firms and businesses, purportedly to help Albertans. And this number excludes other forms of government handouts such as loan guarantees, direct investment and regulatory or tax privileges for particular firms and industries. So the total cost of corporate welfare in Alberta is likely much higher.
Why should Albertans care?
First off, there’s little evidence that corporate welfare generates widespread economic growth or jobs. In fact, evidence suggests the contrary—that subsidies result in a net loss to the economy by shifting resources to less productive sectors or locations (what economists call the “substitution effect”) and/or by keeping businesses alive that are otherwise economically unviable (i.e. “zombie companies”). This misallocation of resources leads to a less efficient, less productive and less prosperous Alberta.
And there are other costs to corporate welfare.
For example, between 2007 and 2019 (the latest year of pre-COVID data), every year on average the Alberta government spent 35 cents (out of every dollar of business income tax revenue it collected) on corporate welfare. Given that workers bear the burden of more than half of any business income tax indirectly through lower wages, if the government reduced business income taxes rather than spend money on corporate welfare, workers could benefit.
Moreover, Premier Smith failed in last month’s provincial budget to provide promised personal income tax relief and create a lower tax bracket for incomes below $60,000 to provide $760 in annual savings for Albertans (on average). But in 2019, after adjusting for inflation, the Alberta government spent $2.4 billion on corporate welfare—equivalent to $1,034 per tax filer. Clearly, instead of subsidizing select businesses, the Smith government could have kept its promise to lower personal income taxes.
Finally, there’s the Heritage Fund, which the Alberta government created almost 50 years ago to save a share of the province’s resource wealth for the future.
In her 2024 budget, Premier Smith earmarked $2.0 billion for the Heritage Fund this fiscal year—almost the exact amount spent on corporate welfare each year (on average) between 2007 and 2019. Put another way, the Alberta government could save twice as much in the Heritage Fund in 2024/25 if it ended corporate welfare, which would help Premier Smith keep her promise to build up the Heritage Fund to between $250 billion and $400 billion by 2050.
By eliminating corporate welfare, the Smith government can create fiscal room to reduce personal and business income taxes, or save more in the Heritage Fund. Any of these options will benefit Albertans far more than wasteful billion-dollar subsidies to favoured firms.
Authors:
Alberta
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