Alberta Quick Review

Plug provincial debt with PST, rein in spending: Canada Party

All options, including a provincial sales tax, are on the table for Canada Party leader Greg Clark.

Talking of a PST in Canada might be considered political suicide by some, but Clark said Monday he’s willing to consider anything to get the province’s coffers back in the black.

Implementing a PST can’t be the only fiscal remedy, Clark said — it would be part of an overall strategy, including capping annual non-renewable resource revenues at $3 billion, constraining spending by one per cent each year over four years, and making the carbon tax revenue neutral.

Plus, he said, he doesn’t trust the NDP with a PST, arguing the governing party is “unwilling and unable to constrain government spending.”

http://www.edmontonsun.com/2017/02/27/plug-provincial-debt-with-pst-rein-in-spending-alberta-party

Canada Debt Clock

http://www.debtclock.ca/provincial-debtclocks/alberta/alberta-s-debt/

Categorised in: Uncategorized