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Alberta

NDP House Leader Spars with Premier Kenney over talk of an Alberta Pension Plan

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Should Alberta walk away from the CPP and invest in our own Alberta Pension Plan?  A referendum is about a year away.  There will be hundreds, maybe thousands of arguments and counter arguments made between now and then.  Today this lively sparing match took place during Question Period in the Alberta Legisltature between NDP House Leader Christina Gary and Premier Jason Kenney

Just had this exchange during question period with the NDP's Labour & Immigration critic.I think this quite revealing. It shows how low the NDP will go to scare and deceive Albertans about their pensions and how they work.After having our Finance Department do a deep dive and transparently present the options, we believe Albertans will be the ones best-positioned to decide whether we should move to an Alberta Pension Plan, or stay with the CPP, in a fair and transparent referendum.

Posted by Jason Kenney on Tuesday, June 23, 2020

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Alberta

Alberta adds 700 enforcers to stop COVID-19 rule-breakers as hospitalizations climb

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CALGARY — Alberta is giving 700 more peace officers the power to enforce COVID-19 restrictions as hospitalizations for the virus continue to climb in the province. 

“We are not asking these officers to stop cold their day-to-day priorities or to harass responsible Albertans going about their everyday lives,” Justice Minister Kaycee Madu said Friday, as Alberta reported 1,227 new COVID-19 cases and nine more deaths. 

Police officers and health inspectors also have the ability to enforce the rules. 

Federal data shows that as of Friday, Alberta had the highest seven-day infection rate in Canada with 209 cases per 100,000 people. 

Alberta has 405 COVID-19 patients in hospital, including 86 in intensive care. A week ago, there were 55 patients in intensive care with COVID-19. 

Postponing surgeries is one of the ways the province is freeing up space to accommodate more people severely ill with the virus. 

New measures came into effect Friday to help blunt the spike in cases. Private indoor social gatherings are banned, capacity limits have been imposed on stores and students between grades 7 and 12 switch to remote learning on Monday. 

Fines for breaking the rules range from $1,000 to $100,000 in extreme cases that make it to court. 

When asked whether there would be crackdowns on anti-mask rallies, Madu said police will make independent decisions. 

“But as minister of justice, my expectation is that those who are in violation of the measures that we have put in place would have to be held accountable.”

Alberta’s chief medical officer of health, Dr. Deena Hinshaw, said she is disappointed to hear about Alberta Health Services inspectors being verbally abused. 

“Nobody deserves that, least of all the people who are working to keep all of us safe,” she said. 

This report by The Canadian Press was first published Nov. 27, 2020. 

Lauren Krugel, The Canadian Press

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Alberta

Growth investing needed as pandemic wanes, says former BoC governor David Dodge

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LAKE LOUISE, Alta. — Former Bank of Canada governor David Dodge says Canada must shift its attention to investing for economic growth as the world recovers from the COVID-19 pandemic downturn over the next few years.

In an online presentation at the virtual Bennett Jones Lake Louise World Cup Business Forum, the former central bank chief said Canadian governments and businesses will have to continue to borrow money in 2021 and 2022.

But he added borrowing of $400 billion to date this year for the federal government and $100 billion for the provinces — about 20 per cent of Canadian GDP — should be reduced going forward and directed to growth areas rather than “consumption,” as has been the case to date.

The business forum is normally held in Lake Louise, Alta., in conjunction with World Cup alpine ski races, but both the races and the in-person conference were called off this year because of the pandemic.

Dodge says he’s expecting about 3.9 per cent economic growth in Canada in 2021, assuming vaccines are widely available after the second quarter, and 1.9 per cent in 2022. 

He says the pace of growth should return to 2019 levels by the spring of 2022, but national output will still be three per cent lower than it would have been without COVID-19.

Dodge said a key challenge for Canada going forward is to continue to develop its technology expertise to compete with the growing influence of China.

“COVID has accelerated the transformation to a truly digital world and to Asia as it’s epicentre,” he said.

“Canada can thrive in this world as long as Canadian businesses, workers and governments work together and focus on investing in the future, not in preserving the past.”

This report by The Canadian Press was first published Nov. 27, 2020.

The Canadian Press

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november, 2020

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