Alberta’s media reacts to the NDP’s quarterly fiscal update. It reveals a party at work on destroying what remains of the Alberta Advantage.
“Ceci announced Tuesday that, based on first quarter results, the provincial deficit will be $10.9 billion rather than the $10.4 billion he forecast in his spring budget. The $10.4-billion deficit was already going to be far and away the largest deficit in Alberta’s history. Now Ceci let Albertans know the actual deficit will be five per cent larger than that.”
Lorne Gunter, Edmonton Sun, August 23, 2016
“The government’s first-quarter fiscal report paints the worst picture in modern memory, more devastating than the crash of the 1980s or the Great Recession of the 2000s. I’ve read dozens of Alberta budgets and quarterlies. Some were obscenely stuffed with cash. Others flirted with public poverty. This is the first one that makes me feel like crying. It’s a snapshot of a province that no longer generates the wealth to support itself, and certainly not to support this NDP government.”
Don Braid, Calgary Herald, August 23, 2016
“In just the last year, Alberta added thousands of public-sector workers to the payroll. What’s vital to the government is apparently not just refusing to cut spending, or merely hold the line on spending, but to always keep doing more of it, no matter how little money comes in. Whether Rachel Notley’s NDP is doing enough to reduce Alberta’s dependence on oil isn’t the issue; it’s that their spending is no longer dependent on anything.”
Kevin Libin, August 23, 2016