Alberta
Taxpayers applaud Alberta credit rating improvement
From the Canadian Taxpayers Federation
Moody’s Ratings boosts Alberta’s outlook to positive. Balanced budget and spending restraint cited.
The Canadian Taxpayers Federation is applauding the provincial government for its latest credit rating outlook improvement.
“The province is getting this positive assessment from credit rating agencies because the government has a balanced budget and is restraining spending,” said Kris Sims, CTF Alberta Director. “Strengthening balanced budget legislation to curb spending was the right move.”
On Monday, Moody’s Ratings changed Alberta’s credit rating outlook to positive, up from stable and affirmed the province’s AA2 credit rating.
Moody’s cited the province’s balanced budget, spending restraint and debt payment rules as reasons for the improvement.
“The positive outlook reflects our view that if Alberta adheres to the governance controls as per its fiscal framework introduced in 2023, its debt and liquidity levels could be stronger than we currently project,” the report from Moody’s reads.
The CTF has been urging the Alberta government to keep spending increases below inflation plus population growth since the mid 1990s.
The Alberta government passed its balanced budget and spending restraint legislation last year.
The positive outlook from Moody’s follows a recent upgrade from the credit ratings agency, Fitch.
Interest charges on the provincial government’s debt will cost taxpayers $3.1 billion this year, according to government’s year-end report.
“Credit ratings matter because Albertans pay billions of dollars on debt interest charges every year,” Sims said. “Better credit ratings could make it less expensive to make payments on the debt, and the less money we waste on interest charges, the better.”
From Bonnyville RCMP
On May 3, 2025, at approximately 6:55 p.m., a male suspect drove a stolen trackhoe into the parking lot of the Bonnyville RCMP. The suspect dumped several boulders in front of the prisoner bay and then proceeded to damage 5 police vehicles, which were parked in the lot. The suspect then fled on foot.
Bonnyville RCMP, Police Dog Services and RPAS (drone), searched for the suspect and he was quickly located in a tree line just north west of the detachment. He was arrested and is currently in custody pending a Judicial
Interim Release Hearing.
The suspect cannot be named at this point as the charges have not been sworn before the courts. An updated media release is expected in the coming days.
Alberta
Pierre Poilievre will run to represent Camrose, Stettler, Hanna, and Drumheller in Central Alberta by-election
From LifeSiteNews
Conservative MP-elect Damien Kurek announced Friday he would be willing to give up his seat as an MP so Pierre Poilievre, who lost his seat Monday, could attempt to re-join Parliament.
Conservative MP-elect Damien Kurek announced Friday he would be willing to give up his seat in a riding that saw the Conservatives easily defeat the Liberals by 46,020 votes in this past Monday’s election. Poilievre had lost his seat to his Liberal rival, a seat which he held for decades, which many saw as putting his role as leader of the party in jeopardy.
Kurek has represented the riding since 2019 and said about his decision, “It has been a tremendous honor to serve the good people of Battle River—Crowfoot.”
“After much discussion with my wife Danielle, I have decided to step aside for this Parliamentary session to allow our Conservative Party Leader to run here in a by-election,” he added.
Newly elected Prime Minister of Canada Mark Carney used his first post-election press conference to say his government will unleash a “new economy” that will further “deepen” the nation’s ties to the world.
He also promised that he would “trigger” a by-election at once, saying there would be “no games” trying to prohibit Poilievre to run and win a seat in a safe Conservative riding.
Poilievre, in a statement posted to X Friday, said that it was with “humility and appreciation that I have accepted Damien Kurek’s offer to resign his seat in Battle River-Crowfoot so that I can work to earn the support of citizens there to serve them in Parliament.”
“Damien’s selfless act to step aside temporarily as a Member of Parliament shows his commitment to change and restoring Canada’s promise,” he noted.
“I will work to earn the trust of the good people of Battle River-Crowfoot and I will continue to hold the Liberal minority government to account until the next federal election, when we will bring real change to all Canadians.”
Carney said a new cabinet will be sworn in on May 12.
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