Alberta
Fast Action, And Fair So Far
Fast Action, And Fair So Far
All over the world, one of the first political acts after coronavirus declared itself was to shut down all sports events. Now, with the same coronavirus persisting, and in some cases expanding, its dismal influence, many of the same elected individuals are rushing to open those events as widely and as often as possible.
It’s obvious that presidents, commissioners and other leaders in the athletic world are doing their best to keep up with this mad charge to activity that features millionaires on local, national and international television. The majority agrees it is neither wise nor important to wait for fans to fill the seats before starting or replacing seasons in all major-league sports.
North America’s four most-watched pro sports – soon to be recognized as five, including soccer — have already declared preferred, possible or potential starting dates: officials in every case are ensuring that large or small COVID-19 outbreaks could force further adjustments and, of course, ultimate elimination of their entire project.
At this moment, baseball is dealing with the sad fact that many teams are dealing with fierce emergencies. A lot of programs have been shut down and there have been stated suspicions that some facilities will not be suitable for the 30 home games designated in a stormy agreement finally set by players and owners last week.
Like everyone else, the Toronto Blue Jays have standard concerns about staff and players contracting the virus, but finding a place for home games may turn out to be more urgent. Permission has been granted to train in Toronto for the scheduled 60-game season but some cautious souls still suggest it is more likely that the young Jays will be required to nest this season in nearby Buffalo or distant Dunedin, Fla. American infection numbers indicate the problem of bringing players across the border into Canada could become politically and medically improbable by the scheduled July 22 season opener.
Here in Alberta, the saga of the Blue Jays, as well as the fascinating basketball Raptors who will be competing by the end of July, fades in a dull colour by comparison with the Calgary Flames and Edmonton Oilers who open their official training camps on Monday.
A Stanley Cup playoff run could extend to as many as 33 games for survivors in the best-of-seven final, which will be staged entirely at spectacular Rogers Place. Only because of Alberta’s relative success in tamping down the coronavirus did the NHL finally designate Edmonton as a “hub city” after making it obvious from the beginning of all this talk that Las Vegas and Toronto (the other hub) were the favoured communities.
Almost from Day 1 after the NHL declared it would somehow present the 2020 Stanley Cup to a legitimate playoff champion, commissioner Gary Bettman insisted that safety was the “biggest issue and most serious concern” for all. Granting that some insiders were less than thrilled at the decision to involve so many teams in a one-series-loss-and-you’re-out scenario, he still believes the proper move was to involve teams that had not been officially eliminated when the season wrapped up on March 16.
“The competitive balance in our league is so extraordinary,” he said, “that we had to make sure it was for all to get a chance to win.”
Admittedly, the plan took effect in a massive hurry. Now, there is league-wide concern that one of the eight outsiders admitted to the playoffs might somehow win the Cup and wind up with a high draft choice – perhaps Number One. If that case, weaker teams who lose out can be expected to yell: “Not fair.!”
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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