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Alberta

Alberta cuts business tax, boosts infrastructure spending to reboot economy

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EDMONTON — Alberta is cutting business taxes and pumping $10 billion into infrastructure projects to springboard its economy out of the financial crisis caused by the COVID-19 pandemic.

Premier Jason Kenney says the investments will be for roads, health care, schools and in other areas, with expected spinoff benefits to other businesses and the service sector.

Kenney says there will also be incentives for high-tech companies and other sector-specific initiatives.

Kenney cut the corporate income tax rate to 10 per cent from 12 per cent after taking office last year, and that figure was to go down to eight per cent in the coming years but it will now be done immediately.

He says extraordinary measures are needed to ensure Alberta rebounds from the double whammy of the pandemic and a global oil price war that has sent unemployment soaring.

Finance Minister Travis Toews will deliver a detailed economic update in August, but Kenney has already said emergency spending to date on COVID-19 has sent this year’s budget deficit from about $7 billion to $20 billion.

This report by The Canadian Press was first published June 29, 2020

The Canadian Press

Alberta

Southern Alberta hailstorm caused almost $1.2B in damage: insurance bureau

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EDMONTON — The powerful hail storm that pounded homes, vehicles and crops across parts of southern Alberta last month caused almost $1.2 billion in insured damage.

The Insurance Bureau of Canada says the hail, rain and wind that hit Calgary, Airdrie and Rocky View County on June 13 were part of the costliest hailstorm and the fourth most expensive insured natural disaster in Canadian history.

Hail as big as tennis balls shredded vinyl siding, pounded roofs, smashed windows and flattened crops.

Celyeste Power, a vice-president with the bureau, says insurers are still processing claims.

The bureau says damage caused by hail and wind is typically covered by home, commercial and comprehensive auto insurance policies.

It notes that the Alberta government is offering some support for people who experienced overland flooding in flood-prone areas.

“Albertans know too well the stress, turmoil and financial hardships that severe weather events can cause,” she said Wednesday in a release.

“Of the 10 most costly disasters in Canada, six of these have hit Alberta. Fortunately, Albertans are resilient and continue to come together in difficult times like these.”

The most expensive insured natural catastrophe on record is the 2016 Fort McMurray wildfire, which cost almost $4 billion.

The next highest loss was the 2013 flooding in southern Alberta at $3.5 billion.

This report by The Canadian Press was first published July 8, 2020

 

 

 

 

The Canadian Press

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Alberta

Alberta RCMP Officer attacked with own baton

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From Cold Lake RCMP

Cold Lake RCMP officer recovering after aggravated assault

A 44-year-old male is in custody in Cold Lake following yesterday’s violent attack on the RCMP officer trying to effect his arrest.

At 5:30 p.m., Cold Lake RCMP located a stolen vehicle in the Walmart parking lot and the responding officer made an effort to deal with the vehicle and arrest the male who was believed to be responsible.  The male allegedly assaulted the RCMP member by punching the member in the head.  The RCMP member’s baton was taken by the male and the member was struck in the head numerous times with the baton.

The male fled on foot with the RCMP baton. The male smashed the window of a different, occupied vehicle in an unsuccessful attempt to steal it.  He then threatened another driver with a knife and the baton and fled southbound on Highway 28 in the newly stolen Trailblazer.

Cold Lake RCMP initiated a pursuit and managed to cause the stolen Trailblazer to become disabled.  The male was arrested on scene without further incident.  The RCMP baton was recovered in the vehicle.

The RCMP member has been treated at the hospital for non life-threatening, but serious injuries and is recovering at home.

The male remains in police custody and will be facing charges as this investigation continues. An update will be provided when available.

“I want to thank the community members who came forward to assist our RCMP member and to provide valuable witness evidence in relation to this terrible incident” says Sergeant Ryan Howrish of the Cold Lake RCMP.  “An incident like this highlights the unpredictable and dangerous situations we face on a daily basis.”

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july, 2020

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