Opinion

See Lethbridge and Red Deer’s Opposing Growth Patterns By Looking at Henderson and Hazlett Lakes

Published

7 years ago

8 minute read

Lethbridge maintains positive growth while Red Deer is experiencing negative growth. Why?

My favourite examples are Red Deer’s Hazlett Lake and Lethbridge’s Henderson Lake.
Lethbridge and Red Deer have similar size population in the same province. Lethbridge is the 5th fastest growing city in Canada and grew by almost 2% per year, while Red Deer shrank by 1% last year.
Lethbridge took a man made slough and turned it into a multi-faceted tourist attraction, while Red Deer will turn a lake into a residential subdivision.
So why I am I suggesting Lethbridge turned lead into gold and Red Deer might be turning gold into lead. Let us look at what Lethbridge did with a man-made slough then look at what Red Deer will do with a lake.
Henderson Lake Park Henderson Lake Park is one of Lethbridge’s premier parks featuring a 24 hectare (59 acre)man made lake, mature trees and groves, gardens, picnic shelters, playgrounds and over 7 km of trails.
The Park is home to numerous annual community celebrations including Canada Day Festivities, the Lethbridge Rotary Dragon Boat Festival and many community runs and walks. Whether you’re a family with small children, an exercise or sports enthusiast, a non-motorized boating enthusiast, a fisherman, a horticulturists, or someone simply looking to get out for a walk this park is definitely for you.
The lake is perfect for kayaks, canoes and paddle boats alike and provides easy access to the water via the boat launch and dock. The dock is often used by fishermen looking to catch Pike, Perch or Whitefish (provincial fishing regulations apply).
For the nature, exercise, and history enthusiasts there is a 2.5 km trail around the lake and another 4.3 km trail around the perimeter of the park providing ample opportunity for one to stretch their legs, check out all of the local wildlife, or view the commemorative and historical markers and displays located throughout the park. There is also plenty of open space in the park which is often used for ultimate frisbee. There are also great little areas for you to put down a blanket and enjoy a good book, have a picnic or simply relax and watch the world as it goes by.
For families with children Henderson Lake Park has three playgrounds: one located on the north side of the Park just off Parkside Drive, one at the end of the park, and the third located behind the Henderson Lake Pool. The playgrounds feature climbing apparatus, slides and swings. The playground on the north side of the park near the dock is completely accessible. After the kids are done playing families can enjoy a picnic at one of the many picnic tables located throughout the park, or for something more formal one can book a covered picnic shelter.
Henderson Park is also home to the Demonstration and Rose Gardens. The Rose Garden is located in the northwest corner of the park and commemorates 9/11. The Demonstration Gardens are located east of the Tennis Courts and celebrates the contributions of Communities in Bloom to the Community.
Henderson Park is surrounded by a multitude of facilities like the SLP Skate Park, Henderson Horseshoe Pits, the Henderson Lake Golf Course, the Henderson Outdoor Pool, Spitz Stadium, Henderson Park Ice Centre, Henderson Tennis Courts and Nikka Yuko Japanese Garden.
Henderson Park has something to offer absolutely everyone and there isn’t a day where you won’t see families, exercise enthusiasts, seniors, people out exercising their dogs, fishermen, boaters, golfers, and just about everyone else under the sun out enjoying this wonderful park. From the photographic opportunities to the areas for quiet solitude and reflection to the exuberant playgrounds, to the trail system that is linked to the rest of the south side, this park is sure to meet everyone’s needs.
Hazlett Lake Park?
Remember, Hazlett Lake is a natural lake that covers a surface area of 0.45 km2 (0.17 mi2), has an average depth of 3 meters (10 feet). Hazlett Lake has a total shore line of 4 kilometers (2 miles). It is 44 Ha. (108.8 acres) in size. Located in the north-west sector of Red Deer.
Currently on the NADG.com website we will see a residential community around Hazlett Lake. Encompassing about 12 percent of the land north of 11A currently up for development. Phase I will be home to 5,000 residents with the nearest high school on the other side of city on the east end. A K-8 school site to be located north-east of Hazlett Lake currently planned for a later phase.
On nadg.com:
“Hazlett Lake is a 350-acre master planned residential community located in North Red Deer at the intersection of Alberta’s busiest Highway -QE2 and Highway 11A. The community will consist of over 2000 new residential units and will be Phase 1 of Red Deer’s North of 11A Major Area Structural Plan. Additionally, this development will be the first new housing project in North Red Deer in 10 years”
Red Deer also wants to build an Aquatic Centre, and the current plan is to demolish the downtown rec centre and build it there. The Collicutt Centre was built in the south east corner of Red Deer, helped to kick start development. Why not build the Aquatic Centre in the north west corner, kick starting development and build it on Hazlett Lake and create a tourist industry?
An Aquatic Centre on a lake, ludicrous right? A tourist destination highly visible to one of the busiest highways in Canada, insane right? 2 miles of shoreline may have room for a beach, impossible right? The current plans in Red Deer indicates some trails, a small community building with some historical placards, possibly a bathroom and a playground.
Not quite Henderson Lake Park, tourist attraction, is it?
To me Red Deer has a gold mine of an opportunity that will be ignored at the expense of the citizens of Red Deer. Do you agree?

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Fraser Institute

Trudeau and Ford should attach personal fortunes to EV corporate welfare

Published on May 7, 2024

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From the Fraser Institute

By Jason Clemens and Tegan Hill

Last week, with their latest tranche of corporate welfare for the electric vehicle (EV) sector, the Trudeau and Ford governments announced a $5.0 billion subsidy for Honda to help build an EV battery plant and ultimately manufacture EVs in Ontario. Here’s a challenge: if politicians in both governments truly believe these measures are in the public interest, they should tie their personal fortunes with the outcomes of these subsidies (a.k.a. corporate welfare).

One of the major challenges with corporate welfare is the horrendous economic incentives. The politicians and bureaucrats who distribute corporate welfare have no vested financial interest in the outcome of the program. Whether these programs are spectacularly successful (or more likely spectacular failures), the politicians and bureaucrats experience no direct financial gain or loss. Simply put, they’re investing taxpayer money, not their own.

Put differently, the discipline imposed on investors in private markets, such as the risk of losing money or even going out of business, is wholly absent in the government sector. Indeed, the history of corporate welfare in Canada, at both the federal and provincial levels, is rife with abject failures due in large measure to the absence of this investing discipline.

In the last 12 months in Ontario, automakers have been major beneficiaries of corporate welfare. The $5.0 billion for Honda is on top of $13.2 billion to Volkswagen and $15.0 billion to Stellantis. That equates to roughly $979 per taxpayer nationally for federal subsidies and an additional $1,372 for Ontario taxpayers. And these figures do not include the debt interest costs that will be incurred as both governments are borrowing money to finance the subsidies.

And there’s legitimate reason to be skeptical already of the potential success of these largescale industrial interventions by the federal (Liberal) and Ontario (Conservative) governments. EV sales in both Canada and the United States have not grown as expected by governments despite purchase subsidies. Disappointing EV sales have led several auto manufacturers including Toyota and Ford to scale-back their EV production plans.

There are also real concerns about the practical ability of EV manufacturers to secure required materials. Consider the minerals needed for EV batteries. According to a recent study, 388 new mines—including 50 lithium mines, 60 nickel mines and 17 cobalt mines—would be required by 2030 to meet EV adoption commitments by various governments. For perspective, there were a total of 340 metal mines operating across Canada and the U.S. in 2021. The massive task of finding, constructing and developing this level of new mines seems impractical and unattainable, meaning that EV plants being built now will struggle to secure needed inputs. Indeed, depending on the type of mine, it takes anywhere from six to 18 years to develop.

Which brings us back to the Trudeau and Ford governments. Given the economic incentive problems and practical challenges to a large-scale transition to EVs, would members of the Trudeau and Ford governments—including the prime minister and premier—want to attach a portion of their personal pensions to the success of these corporate welfare programs?

More specifically, assume an arrangement whereby those politicians would share the benefits of the program’s success but also share any losses through the value of their pensions. If the programs work as marketed, the politicians would enjoy higher valued pensions. But if the programs disappoint or even fail, their pensions would be reduced or even cancelled. Would these politicians still support billions in corporate handouts if their personal financial wellbeing was tied to the outcomes?

As the funding of private companies to develop the EV sector in Ontario continues with the support of taxpayer subsidies, Ontarians and all Canadians should consider the misalignment of economic incentives underpinning these subsidies and the practical challenges to the success of this industrial intervention.

Authors:

Jason Clemens

Executive Vice President, Fraser Institute

Tegan Hill

Associate Director, Alberta Policy, Fraser Institute

Media

CBC tries to hide senior executive bonuses

Published on May 7, 2024

Todayville

From the Canadian Taxpayers Federation

Author: Franco Terrazzano

The Canadian Taxpayers Federation filed a complaint with the Office of the Information Commissioner after the CBC refused to disclose 2023 bonuses for its eight senior executives until days after its President Catherine Tait is scheduled to appear at a parliamentary committee.

“This reeks of the CBC trying to conceal its senior executive bonuses so Tait doesn’t have to talk about it when she testifies at a parliamentary committee,” said Franco Terrazzano, CTF Federal Director. “The CBC is required to follow access to information laws and this nonsense delay is a blatant breach of the law.

“If Tait and her executives think they deserve their bonuses, they should be open and honest about it with taxpayers.”

The CBC proactively discloses certain information related to executive compensation in its annual reports. However, because the annual report lumps together salary and other benefits, Canadians don’t know how much the CBC’s eight senior executives take in bonuses.

Other Crown corporations have provided the CTF with access-to-information records detailing senior executive bonuses. For example, the Canada Mortgage and Housing Corporation paid out $831,000 in bonuses to its 10 senior executives in 2023. The Bank of Canada paid out $3.5 million in bonuses to its executives in 2022.

On March 11, 2024, the CTF filed an access-to-information request seeking details on the compensation paid out to CBC’s eight senior executives in 2023, including bonuses.

On April 9, 2024, the CBC issued a 30-day extension notice.

The new deadline for the CBC to release details on senior executive bonuses is May 10, 2024, just days after Tait is scheduled to appear at committee on May 7, 2024.

In response to a previous access-to-information request, the CBC released to the CTF records showing it paid out $15 million in bonuses to 1,143 non-union staff in 2023. The CBC did not issue an extension notice on that request.

“Tait is wrong to hide the cost of bonuses for CBC’s eight senior executives from the Canadians who pay their cheques,” said Terrazzano. “Tait must do the right thing and confirm to the parliamentary committee that she will cancel CBC bonuses.”

The CTF filed the complaint with the Office of the Information Commissioner on May 3, 2024, regarding the CBC’s delay in releasing documents regarding senior executive bonuses.

“The CBC is legally obligated to release the bonus documents days after the parliamentary committee hearing so obviously Tait has the details readily at hand,” said Terrazzano. “If MPs ask for those details, she needs to answer.

“And just to be clear, the CTF is fine with the CBC releasing this information at committee or anywhere else.”