Alberta
Fans of Flames and Oilers go to familiar response: “Fire the Coach!”
Officially, the National Hockey League season is over for the only two teams this province really cares about. While survivors prepare for action in Round Two of the Stanley Cup playoffs, both the Edmonton Oilers and the Calgary Flames are setting up what should be fascinating games of chop and change.
The final on-ice breath for 2020 took place after the Dallas Stars humbled Calgary 7-3 to win their best-of-seven series in six games. Days earlier, the Edmonton Oilers were outworked and outscored in a five-game loss to the Chicago Black Hawks.
Promptly, supporters of both teams fell to the oldest response in the Dedicated Fan yearbook: fire the coach.
Dave Tippett was singled out because he juggled some lines. Truly, his Oilers were not good enough at forward, on defence or in goal. Interim Flames head coach Geoff Ward drew immediate criticism on Thursday for replacing Cam Talbot with an ice-cold David Rittich in the early stages of the Stars’ record-setting offensive burst following their early 3-0 deficit. Talbot gave up three goals on only eight shots, but Ritich’s immediate performance was even worse.
Before the sixth and decisive game, Ward expressed optimism about his team’s future. “This is more relentless, more prepared, a better team” than the group that faded badly as a playoff top seed a year ago, he said. Well, for the first 20 minutes, he was absolutely correct. Fan frustration will not force any changes behind the bench. On the ice is entirely different. Goaltending, for example, is a serious concern in both centres.
Edmonton’s pair, Mikko Koskinen and Mike Smith are 32 and 38, respectively. At the very least, a reliable young netminder is required. Talbot, widely inconsistent before being traded to Calgary for Koskinen two years ago, shone through most of the playoffs for the Flames this season and drew solid support from teammates Sean Monahan and Mikael Backlund after Thursday’s shoddy start.
Monahan’s generous view did not detract from the likelihood that the veteran winger, in common with linemate Johnny Gaudreau, is sure to be prominent in trade talks, starting almost immediately.
Captain and key defenceman Mark Giordano, 35, finally showed signs of age. Partner T.J. Brodie, 29, would attract serious offers if general manager Brad Treliving put him on the market.
Good news for Calgary is that on-ice leader Matt Tkachuk has shown no sign of abandoning his fiery style. He was sadly missed after suffering an apparent concussion in Game Two. The seasoned Backlund, and youngsters Andrew Mangiapane, Dillon Dube and Sam Bennett are set for solid futures up front.
In Edmonton, the question about offence is simple: who will play with Connor McDavid on one line and Leon Draisaitl on another? Third- and fourth-liners on the 2020 roster will have plenty of company looking for jobs next year.
At this point, Edmonton lags behind its provincial rivals in at least one important area. It must be remembered that the Flames won their so-called elimination round by defeating a strong (but injured) group of Winnipeg Jets. The Oilers, who would mortgage the future of the entire Icer District for a brilliant young defender such as Miro Heiskanen of Dallas, Cale Makar of Colorado or Quinn Hughes of Vancouver (all still active in playoffs) have no such victory as a building block at this point.
From the Fraser Institute
By Tegan Hill
If the Smith government reversed the 2015 personal income tax rate increases and instituted a flat 8 per cent tax rate, it would help restore Alberta’s position as one of the lowest tax jurisdictions in North America
Over the past decade, Alberta has gone from one of the most competitive tax jurisdictions in North America to one of the least competitive. And while the Smith government has promised to create a new 8 per cent tax bracket on personal income below $60,000, it simply isn’t enough to restore Alberta’s tax competitiveness. Instead, the government should institute a flat 8 per cent personal and business income tax rate.
Back in 2014, Alberta had a single 10 per cent personal and business income tax rate. As a result, it had the lowest top combined (federal and provincial/state) personal income tax rate and business income tax rate in North America. This was a powerful advantage that made Alberta an attractive place to start a business, work and invest.
In 2015, however, the provincial NDP government replaced the single personal income tax rate of 10 percent with a five-bracket system including a top rate of 15 per cent, so today Alberta has the 10th-highest personal income tax rate in North America. The government also increased Alberta’s 10 per cent business income tax rate to 12 per cent (although in 2019 the Kenney government began reducing the rate to today’s 8 per cent).
If the Smith government reversed the 2015 personal income tax rate increases and instituted a flat 8 per cent tax rate, it would help restore Alberta’s position as one of the lowest tax jurisdictions in North America, all while saving Alberta taxpayers $1,573 (on average) annually.
And a truly integrated flat tax system would not only apply a uniform tax 8 per cent rate to all sources of income (including personal and business), it would eliminate tax credits, deductions and exemptions, which reduce the cost of investments in certain areas, increasing the relative cost of investment in others. As a result, resources may go to areas where they are not most productive, leading to a less efficient allocation of resources than if these tax incentives did not exist.
Put differently, tax incentives can artificially change the relative attractiveness of goods and services leading to sub-optimal allocation. A flat tax system would not only improve tax efficiency by reducing these tax-based economic distortions, it would also reduce administration costs (expenses incurred by governments due to tax collection and enforcement regulations) and compliance costs (expenses incurred by individuals and businesses to comply with tax regulations).
Finally, a flat tax system would also help avoid negative incentives that come with a progressive marginal tax system. Currently, Albertans are taxed at higher rates as their income increases, which can discourage additional work, savings and investment. A flat tax system would maintain “progressivity” as the proportion of taxes paid would still increase with income, but minimize the disincentive to work more and earn more (increasing savings and investment) because Albertans would face the same tax rate regardless of how their income increases. In sum, flat tax systems encourage stronger economic growth, higher tax revenues and a more robust economy.
To stimulate strong economic growth and leave more money in the pockets of Albertans, the Smith government should go beyond its current commitment to create a new tax bracket on income under $60,000 and institute a flat 8 per cent personal and business income tax rate.
Author:
Making utility bills more affordableAlberta’s government is taking action to protect Alberta’s ratepayers by introducing legislation to lower and stabilize local access fees. Affordability is a top priority for Alberta’s government, with the cost of utilities being a large focus. By introducing legislation to help reduce the cost of utility bills, the government is continuing to follow through on its commitment to make life more affordable for Albertans. This is in addition to the new short-term measures to prevent spikes in electricity prices and will help ensure long-term affordability for Albertans’ basic household expenses.
Local access fees are functioning as a regressive municipal tax that consumers pay on their utility bills. It is unacceptable for municipalities to be raking in hundreds of millions in surplus revenue off the backs of Alberta’s ratepayers and cause their utility bills to be unpredictable costs by tying their fees to a variable rate. Calgarians paid $240 in local access fees on average in 2023, compared to the $75 on average in Edmonton, thanks to Calgary’s formula relying on a variable rate. This led to $186 million more in fees being collected by the City of Calgary than expected.
To protect Alberta’s ratepayers, the Government of Alberta is introducing the Utilities Affordability Statutes Amendment Act, 2024. If passed, this legislation would promote long-term affordability and predictability for utility bills by prohibiting the use of variable rates when calculating municipalities’ local access fees. Variable rates are highly volatile, which results in wildly fluctuating electricity bills. When municipalities use this rate to calculate their local access fees, it results in higher bills for Albertans and less certainty in families’ budgets. These proposed changes would standardize how municipal fees are calculated across the province, and align with most municipalities’ current formulas.
If passed, the Utilities Affordability Statutes Amendment Act, 2024 would prevent municipalities from attempting to take advantage of Alberta’s ratepayers in the future. It would amend sections of the Electric Utilities Act and Gas Utilities Act to ensure that the Alberta Utilities Commission has stronger regulatory oversight on how these municipal fees are calculated and applied, ensuring Alberta ratepayer’s best interests are protected.
If passed, this legislation would also amend sections of the Alberta Utilities Commission Act, the Electric Utilities Act, Government Organizations Act and the Regulated Rate Option Stability Act to replace the terms “Regulated Rate Option”, “RRO”, and “Regulated Rate Provider” with “Rate of Last Resort” and “Rate of Last Resort Provider” as applicable. Quick facts
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