Alberta
Pfizer vaccine arriving in Alberta
From the Province of Alberta
More than 25,000 doses of COVID-19 vaccine en route to Alberta
Alberta will soon receive 25,350 doses of Pfizer vaccine and will start immunizing priority health-care workers provincewide.
During the week of Dec. 21, Alberta will receive shipments of vaccines from Pfizer at dedicated vaccine sites across the province.
Right now, the Pfizer vaccine must be administered at its delivery site, so these doses will be provided to respiratory therapists, intensive care unit physicians and staff, and eligible long-term care and designated supportive living workers across the province.
These are in addition to the 3,900 doses that are expected to arrive this week and will begin to be administered in Calgary and Edmonton within days of delivery. The ultra-cold freezers needed for the Pfizer vaccines are now installed at eight locations across Alberta and AHS staff are being trained to ensure quality and safety are maintained.
“This welcome news brings much-needed hope to Albertans, particularly health care workers, during this incredibly trying time in the pandemic. These staff are exhausted, and I hope seeing more vaccinations are on the way will show them there’s an end in sight. Albertans can be confident this vaccine is safe and will be administered quickly and efficiently.”
“Alberta Health Services, Alberta Health and the COVID-19 task force have been hard at work preparing for the vaccine doses arriving this week and next. We have the plans in place to get the vaccines to where they need to go: into the arms of Albertans.”
“I am very pleased to hear that we will be able to immunize more of our front-line health-care workers and vulnerable Albertans before the end of the year. But this is not the end. We must continue to follow health measures to bend the curve, and until enough of us are immunized, we must continue to be each others’ vaccine.”
Pending final approval from Health Canada, the Moderna COVID-19 vaccine is expected to arrive in Alberta later in December. The Moderna vaccines can be transported to other locations, so the initial shipment will be used to immunize residents at long-term care locations beginning with those at highest risk, including two First Nations seniors facilities.
As more shipments arrive in early January, immunization will focus on Phase 1 priority populations and will include residents of long-term care and designated supportive living facilities, followed by seniors aged 75 and over and First Nations on reserve, Inuit and on-settlement Metis individuals aged 65 and over.
Phase 2 is still expected to start by April 2021 and will be targeted to the next groups of prioritized populations. Final decisions regarding eligibility in Phase 2 have not yet been determined.
Phase 3 will involve rolling out vaccinations to the general Alberta population, and is anticipated to start later in 2021.
Quick facts
- Alberta has worked closely with the federal government and other provinces and territories to acquire COVID-19 vaccines since the pandemic began.
- Both the Pfizer and Moderna vaccines require two doses.
- The Pfizer vaccine was approved on Dec. 9.
- The Moderna vaccine has not been approved by Health Canada.
From the Fraser Institute
By Tegan Hill
According to the recent mid-year update tabled Thursday, the Smith government projects a $4.6 billion surplus in 2024/25, up from the $2.9 billion surplus projected just a few months ago. Despite the good news, Premier Smith must reduce spending to avoid budget deficits.
The fiscal update projects resource revenue of $20.3 billion in 2024/25. Today’s relatively high—but very volatile—resource revenue (including oil and gas royalties) is helping finance today’s spending and maintain a balanced budget. But it will not last forever.
For perspective, in just the last decade the Alberta government’s annual resource revenue has been as low as $2.8 billion (2015/16) and as high as $25.2 billion (2022/23).
And while the resource revenue rollercoaster is currently in Alberta’s favor, Finance Minister Nate Horner acknowledges that “risks are on the rise” as oil prices have dropped considerably and forecasters are projecting downward pressure on prices—all of which impacts resource revenue.
In fact, the government’s own estimates show a $1 change in oil prices results in an estimated $630 million revenue swing. So while the Smith government plans to maintain a surplus in 2024/25, a small change in oil prices could quickly plunge Alberta back into deficit. Premier Smith has warned that her government may fall into a budget deficit this fiscal year.
This should come as no surprise. Alberta’s been on the resource revenue rollercoaster for decades. Successive governments have increased spending during the good times of high resource revenue, but failed to rein in spending when resource revenues fell.
Previous research has shown that, in Alberta, a $1 increase in resource revenue is associated with an estimated 56-cent increase in program spending the following fiscal year (on a per-person, inflation-adjusted basis). However, a decline in resource revenue is not similarly associated with a reduction in program spending. This pattern has led to historically high levels of government spending—and budget deficits—even in more recent years.
Consider this: If this fiscal year the Smith government received an average level of resource revenue (based on levels over the last 10 years), it would receive approximately $13,000 per Albertan. Yet the government plans to spend nearly $15,000 per Albertan this fiscal year (after adjusting for inflation). That’s a huge gap of roughly $2,000—and it means the government is continuing to take big risks with the provincial budget.
Of course, if the government falls back into deficit there are implications for everyday Albertans.
When the government runs a deficit, it accumulates debt, which Albertans must pay to service. In 2024/25, the government’s debt interest payments will cost each Albertan nearly $650. That’s largely because, despite running surpluses over the last few years, Albertans are still paying for debt accumulated during the most recent string of deficits from 2008/09 to 2020/21 (excluding 2014/15), which only ended when the government enjoyed an unexpected windfall in resource revenue in 2021/22.
According to Thursday’s mid-year fiscal update, Alberta’s finances continue to be at risk. To avoid deficits, the Smith government should meaningfully reduce spending so that it’s aligned with more reliable, stable levels of revenue.
Author:
Better, faster, more affordable auto insurance
Alberta’s government is introducing a new auto insurance system that will provide better and faster services to Albertans while reducing auto insurance premiums.
After hearing from more than 16,000 Albertans through an online survey about their priorities for auto insurance policies, Alberta’s government is introducing a new privately delivered, care-focused auto insurance system.
Right now, insurance in the province is not affordable or care focused. Despite high premiums, Albertans injured in collisions do not get the timely medical care and income support they need in a system that is complex to navigate. When fully implemented, Alberta’s new auto insurance system will deliver better and faster care for those involved in collisions, and Albertans will see cost savings up to $400 per year.
“Albertans have been clear they need an auto insurance system that provides better, faster care and is more affordable. When it’s implemented, our new privately delivered, care-centred insurance system will put the focus on Albertans’ recovery, providing more effective support and will deliver lower rates.”
“High auto insurance rates put strain on Albertans. By shifting to a system that offers improved benefits and support, we are providing better and faster care to Albertans, with lower costs.”
Albertans who suffer injuries due to a collision currently wait months for a simple claim to be resolved and can wait years for claims related to more serious and life-changing injuries to addressed. Additionally, the medical and financial benefits they receive often expire before they’re fully recovered.
Under the new system, Albertans who suffer catastrophic injuries will receive treatment and care for the rest of their lives. Those who sustain serious injuries will receive treatment until they are fully recovered. These changes mirror and build upon the Saskatchewan insurance model, where at-fault drivers can be sued for pain and suffering damages if they are convicted of a criminal offence, such as impaired driving or dangerous driving, or conviction of certain offenses under the Traffic Safety Act.
Work on this new auto insurance system will require legislation in the spring of 2025. In order to reconfigure auto insurance policies for 3.4 million Albertans, auto insurance companies need time to create and implement the new system. Alberta’s government expects the new system to be fully implemented by January 2027.
In the interim, starting in January 2025, the good driver rate cap will be adjusted to a 7.5% increase due to high legal costs, increasing vehicle damage repair costs and natural disaster costs. This protects good drivers from significant rate increases while ensuring that auto insurance providers remain financially viable in Alberta.
Albertans have been clear that they still want premiums to be based on risk. Bad drivers will continue to pay higher premiums than good drivers.
By providing significantly enhanced medical, rehabilitation and income support benefits, this system supports Albertans injured in collisions while reducing the impact of litigation costs on the amount that Albertans pay for their insurance.
“Keeping more money in Albertans’ pockets is one of the best ways to address the rising cost of living. This shift to a care-first automobile insurance system will do just that by helping lower premiums for people across the province.”
Quick facts
- Alberta’s government commissioned two auto insurance reports, which showed that legal fees and litigation costs tied to the province’s current system significantly increase premiums.
- A 2023 report by MNP shows
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