Alberta Finance Minister Ted Morton released the budget yesterday and indicated that there would be a $4.6 billion deficit. You can read about the budget here.
It has been a long time since fiscal sanity was the name of the game in Alberta- or anywhere else in Canada for that matter. There is an increasing disconnect between politicians and the taxpayers whose money they are spending (or wasting!). It was astounding to see that there was a 16% increase budgeted for health care and the government made no apologies for it.
We are past due for a total rethinking of how budgets are prepared and how governments manage our money.
Leadership would mean that Premier Stelmach and all MLA’s take an immediate 5% pay cut which would remain in place until the books are back in surplus. Zero based budgeting needs to be embraced – all departments need to be reviewed to see whether they are required or not and more importantly do they bring value for taxpayer’s money.
We have just launched our 501 campaign- you can read all of the details here. This campaign provides a realistic and effective policy framework to get our country’s finances in order. Please contribute to this campaign to help get this message out - we have been pressing for the adoption of these measures in all provinces, but we need your support. Please click here to donate to this campaign.
We will continue to fight for fiscal leadership all across the country and Alberta would be a great place for this to start.
What were your thoughts on the budget yesterday?



