Business
City council considers Entertainment District status for the Ross Street Patio

By Mark Weber
Downtown Business Association officials are thrilled that City council passed first reading this past week on a new bylaw that would see the Ross Street Patio receive ‘Entertainment District’ designation.
The move follows a request from the DBA made several weeks ago, explained Amanda Gould, executive director. According to the City, Entertainment Districts are new to the province, having been created last December through an amendment to the Gaming, Liquor and Cannabis Act. The designation would allow certain public areas – in this cast the Ross Street Patio – to be a place where adults could consume alcohol outside of a licensed premises while taking in various forms of live entertainment. “It’s really the natural next step for the Ross Street Patio,” said Gould. “The Patio is already becoming the home for live music, and we are getting more and more people coming downtown to enjoy it. As a result, a lot of people are using the restaurants along the Patio there.
“Because of that, a lot of times their patios are full. And so they often have people asking if they can buy a drink and take it out onto the actual Patio. Unfortunately, they have to say no.” But with Entertainment District designation, that could all change.
Gould noted that it would help to further revitalize the downtown core by drawing more folks down to not only check out the entertainment that is running on the Patio all summer, but to also see all that downtown ultimately has to offer.
“It will help to make the Ross Street Patio even more popular than it already is,” she said, adding that she approached Council about the designation about eight weeks ago.
“It has all moved really fast – the City has been wonderful with this. They talked about it in council, and everyone was really supportive of it. It went to first reading, and it was unanimously supported,” she said. Second and third reading are expected to take place later in June.
“In the meantime, we’ve met with businesses and found out what their preferred operating times are. We’ve also tried to discover any issues that they can think of and how we could mitigate any challenges, and things like that,” she added. “But the businesses are so keen to do this – they are absolutely pumped.”
According to Erin Stuart, the City’s inspection and licensing manager, “Research into the topic has shown that, while relatively new in Canada, there are numerous international jurisdictions where open consumption is allowed in public areas.
“Learnings from those areas show that Entertainment Districts provide opportunities for municipalities to revitalize key neighbourhoods, drive tourism, and support local businesses,” she said in a release. “Working with the Downtown Business Association is an opportunity for a unique partnership and provides the option of working together on any issues that arise.” Prior to the May 24th meeting, City administration determined a new bylaw was needed to support the DBA’s request and sought direction from Council before proceeding.
A short timeline for implementing the designation would also of course maximize the use of the summer season. The release also noted that an Entertainment District in Red Deer would not allow public intoxication, underage drinking, use of cannabis, or the bringing in/taking away of alcohol to/from the district. The release also pointed out that the bylaw would be the first of its kind in Canada.
“It’s awesome,” said Gould in reflecting on the level of support shown for the Entertainment District concept here in Red Deer. “I’m delighted. I just came out of a meeting with the businesses and the City, and it’s just great. I’m just so excited for it.” In the meantime, she said this past week has marked the first official week of summer programming on the Ross Street Patio.
The Wednesday market is also in full swing. Visitors are invited to come down and purchase all their fresh fruits and veggies between 3:30 and 6:30 p.m. each Wednesday. Live music on the Ross Street Patio is a key feature on Wednesdays as well. And with the official kick-off to summer on the Patio having taken place, part of the celebration included the introduction of a limited-edition Ross Street Patio beer developed in partnership with Sawback Brewing.
The special beer will be available through the summer and will also be featured at several downtown restaurants. As for entertainment plans, performances on the Patio will run on Wednesdays, Thursdays and Fridays. For more about the Downtown Business Association and all that is planned for the Ross Street Patio, find them on Facebook or visit www.downtownreddeer.com.
Business
Pension and Severance Estimate for 110 MP’s Who Resigned or Were Defeated in 2025 Federal Election

By Franco Terrazzano
Taxpayers Federation releases pension and severance figures for 2025 federal election
The Canadian Taxpayers Federation released its calculations of estimated pension and severance payments paid to the 110 members of Parliament who were either defeated in the federal election or did not seek re-election.
“Taxpayers shouldn’t feel too bad for the politicians who lost the election because they’ll be cashing big severance or pension cheques,” said Franco Terrazzano, CTF Federal Director. “Thanks to past pension reforms, taxpayers will not have to shoulder as much of the burden as they used to. But there’s more work to do to make politician pay affordable for taxpayers.”
Defeated or retiring MPs will collect about $5 million in annual pension payments, reaching a cumulative total of about $187 million by age 90. In addition, about $6.6 million in severance cheques will be issued to some former MPs.
Former prime minister Justin Trudeau will collect two taxpayer-funded pensions in retirement. Combined, those pensions total $8.4 million, according to CTF estimates. Trudeau is also taking a $104,900 severance payout because he did not run again as an MP.
The payouts for Trudeau’s MP pension will begin at $141,000 per year when he turns 55 years old. It will total an estimated $6.5 million should he live to the age of 90. The payouts for Trudeau’s prime minister pension will begin at $73,000 per year when he turns 67 years old. It will total an estimated $1.9 million should he live to the age of 90.
“Taxpayers need to see leadership at the top and that means reforming pensions and ending the pay raises MPs take every year,” Terrazzano said. “A prime minister already takes millions through their first pension, they shouldn’t be billing taxpayers more for their second pension.
“The government must end the second pension for all future prime ministers.”
There are 13 former MPs that will collect more than $100,000-plus a year in pension income. The pension and severance calculations for each defeated or retired MP can be found here.
Some notable severance / pensions
Name Party Years as MP Severance Annual Starting Pension Pension to Age 90
Bergeron, Stéphane BQ 17.6 $ 99,000.00 $ 4,440,000.00
Boissonnault, Randy LPC 7.6 $ 44,200.00 $ 53,000.00 $ 2,775,000.00
Dreeshen, Earl CPC 16.6 $ $ 95,000.00 $ 1,938,000.00
Mendicino, Marco * LPC 9.4 $ 66,000.00 $ 3,586,000.00
O’Regan, Seamus LPC 9.5 $ 104,900.00 $ 75,000.00 $ 3,927,000.00
Poilievre, Pierre ** CPC 20.8 $ 136,000.00 $ 7,087,000.00
Singh, Jagmeet NDP 6.2 $ 140,300.00 $ 45,000.00 $ 2,694,000.00
Trudeau, Justin *** LPC 16.6 $ 104,900.00 $ 141,000.00 $ 8,400,000.00
* Marco Mendicino resigned as an MP on March 14th, 2025
** Pierre Poilievre announced that he would not take a severance
*** The Pension to Age 90 includes Trudeau’s MP pension and his secondary Prime Minister’s pension
Business
New fiscal approach necessary to reduce Ottawa’s mountain of debt

From the Fraser Institute
By Jake Fuss and Grady Munro
Apparently, despite a few days of conflicting statements from the government, the Carney government now plans to table a budget in the fall. If the new prime minister wants to reduce Ottawa’s massive debt burden, which Canadians ultimately bear, he must begin to work now to reduce spending.
According to the federal government’s latest projections, from 2014/15 to 2024/25 total federal debt is expected to double from $1.1 trillion to a projected $2.2 trillion. That means $13,699 in new federal debt for every Canadian (after adjusting for inflation). In addition, from 2020 to 2023, the Trudeau government recorded the four highest years of total federal debt per person (inflation-adjusted) in Canadian history.
How did this happen?
From 2018 to 2023, the government recorded the six highest levels of program spending (inflation-adjusted, on a per-person basis) in Canadian history—even after excluding emergency spending during COVID. Consequently, in 2024/25 Ottawa will run its tenth consecutive budget deficit since 2014/15.
Of course, Canadians bear the burden of this free-spending approach. For example, over the last several years federal debt interest payments have more than doubled to an expected $53.7 billion this year. That’s more than the government plans to spend on health-care transfers to the provinces. And it’s money unavailable for programs including social services.
In the longer term, government debt accumulation can limit economic growth by pushing up interest rates. Why? Because governments compete with individuals, families and businesses for the savings available for borrowing, and this competition puts upward pressure on interest rates. Higher interest rates deter private investment in the Canadian economy—a necessary ingredient for economic growth—and hurt Canadian living standards.
Given these costs, the Carney government should take a new approach to fiscal policy and begin reducing Ottawa’s mountain of debt.
According to both history and research, the most effective and least economically harmful way to achieve this is to reduce government spending and balance the budget, as opposed to raising taxes. While this approach requires tough decisions, which may be politically unpopular in some quarters, worthwhile goals are rarely easy and the long-term gain will exceed the short-term pain. Indeed, a recent study by Canadian economist Bev Dahlby found the long-term economic benefits of a 12-percentage point reduction in debt (as a share of GDP) substantially outweighs the short-term costs.
Unfortunately, while Canadians must wait until the fall for a federal budget, the Carney government’s election platform promises to add—not subtract—from Ottawa’s mountain of debt and from 2025/26 to 2028/29 run annual deficits every year of at least $47.8 billion. In total, these planned deficits represent $224.8 billion in new government debt over the next four years, and there’s currently no plan to balance the budget. This represents a continuation of the Trudeau government’s approach to rack up debt and behave irresponsibly with federal finances.
With a new government on Parliament Hill, now is the time for federal policymakers to pursue the long-ignored imperative of reducing government debt. Clearly, if the Carney government wants to prioritize debt reduction, it must rethink its fiscal plan and avoid repeating the same mistakes of its predecessor.
-
2025 Federal Election2 days ago
Liberals edge closer to majority as judicial recount flips another Ontario seat
-
Alberta1 day ago
Canmore attempting to tax its way out of housing crisis
-
Business1 day ago
The Oracle of Omaha Calls it a Career
-
Alberta1 day ago
Boreal forests could hold the key to achieving Canada’s climate goals
-
Health1 day ago
WHO assembly adopts ‘pandemic agreement’ binding countries to unified response
-
Business1 day ago
Carney’s cabinet likely means more of the same on energy and climate
-
Addictions1 day ago
News For Those Who Think Drug Criminalization Is Racist. Minorities Disagree
-
COVID-191 day ago
FDA plans to require placebo trials before approving COVID boosters for healthy people