Business
It’s proving to be a lively summer on the Ross Street Patio

By Mark Weber
With the new designation of being an Entertainment District, there’s an exciting new vibe resonating across Red Deer’s Ross Street Patio.
Earlier this year, City council approved Entertainment District status for the Patio, meaning that the Ross Street Patio is now a place where adults can consume alcohol outside of a licensed premises while taking in various forms of live entertainment. Prior to the May 24th council meeting, City administration determined a new bylaw was needed to support the DBA’s request and sought direction from council before proceeding.
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. “We are getting brilliant feedback – it has been so well-received,”
explained Amanda Gould, the DBA’s executive director. There have been no issues either, she added, pointing out that folks have been responsible and simply enjoying the option to have a drink while listening to artists perform on the Patio each week. “They’re having a drink, they’re getting rid of their garbage, and then they are on their way. It’s been absolutely brilliant – it’s been a dream. “It’s great to be able to offer this to people who come downtown.”
Gould has also noted that the designation 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.
Business owners have also been saying it’s been a positive move. “Tribe, in particular, on Canada Day saw a 30 per cent increase in sales.”
The regular performances are also proving a major draw this summer. “We get people of so many different walks of life coming down to see them – it’s so interesting to watch the Patio right now. We get in at half past eight, and then you go around the corner to look at the Patio to check and make sure everything is good as we do every morning. People are outside City Roast having coffee, sitting on the picnic benches, having their breakfast, or just sitting down to have a chat – it’s just lovely to see. And then it gets full on the days that we have the entertainment going on.”
Thursday and Friday performances run from 12 – 1:30 p.m. with Wednesday performances going from 4:30 – 6:30 p.m. “Wednesdays continue to be our best day as we have the market going on then, too.”
Visitors are invited to come down and purchase all their fresh fruits and veggies between 3:30 and 6:30 p.m. each Wednesday.
The annual car boot sale will soon be happening as well – they will be on Wednesdays also, she added. “Wednesdays are ‘the day’,” she added with a laugh.
According to the DBA’s website, “Load up your car, truck, or van with any items from your house that you wish to sell (or that you would normally put out in a garage sale) and come down to Little Gaetz Avenue for the Downtown Red Deer Car Boot Sale.” Pre-registration & payment required for those wishing to sell.
And to top of the celebratory spirit, a special limited-edition beer created by Sawback Brewing specifically for the Patio has proven to be a hit as well. “People love it,” said Gould, adding the beer – available at several downtown restaurants – will be available through the summer. The musical performances and the market both run through to the early fall.
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.
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