Connect with us

Alberta

Alberta Sports Hall of Famer Kreg Llewellyn passes away

Published

6 minute read

From a Facebook post by Jaret Llewellyn
Our family is here is Texas to say goodbye to my big brother. Kreg passed 4 days ago on July 7.
Although we may never find all the answers, we know Kreg sustained a head injury a couple months ago, which seemed to result in a change in his demeanor. Based both on the location and the severity of the injury, we believe Kreg lost his ability to effectively process certain aspects of life and cope with anxiety. Through his faith in Christ and his selfless personality, Kreg always wanted to help others and always took their pain upon his shoulders, which in his current state, magnified his struggles. Without a familiar coping mechanism, Kreg was caught in a mental haze. Even though Kreg was searching and fighting for answers, he always tried to protect his loved ones from having to share his burden. Kreg was the strongest person I have ever known and I will miss him every day.
Kreg was my hero and an inspiration to so many around the world. Anyone who had the privilege to know Kreg could see he had a huge heart, because he wore it on his sleeve. His faith in God has always been deep and in recent years he was sharing his faith to help others, who were looking for spiritual guidance.
Kreg will always be the most talented athlete I have ever seen, not only on the water, but in any sport you asked him to try. During the height of the professional tour Kreg was the most dominant male multi event skier. He could do anything he set his mind to, or should I say, any seemingly impossible thing Mike told him to try, and he always made the most difficult things look easy. Watching him inspired me to try my best every day, both on and off the water, to live up to the standard he set, even though things always seemed much harder than he made them look. But that was the most beautiful thing about Kreg, he not only set the standard for me, but he stopped along his own path to help others excel with him. Kreg made me the skier I wanted to be and helped me become the best man I could be.
Although our family is struggling through this difficult time, we truly appreciate the outpouring love and support we have received from every corner of the world. All of the stories and the uplifting moments others have shared about Kreg have been heartwarming to all of us. Kreg always wanted to help others and help the world come together, especially in these uncertain times. His life was all about bringing joy and harmony to others, which he showed through his grace in all aspects of his life. To us, one’s wealth is not about how much money you have, it’s how far your heart reaches in respect to others. In that sense, Kreg was the richest man I know and those around him learned to be the same by following his lead. Right now, I can’t image how we will continue without Kreg’s leadership, but I know he would want us to come together as a community and as a world. To use the lessons he taught us and to love one another with all of our hearts.
Please anyone, who has posted stories, or photos of Kreg earlier, if you could re-share them again here and add your favorites photos and stories! With all of our love, God Bless you!
We are planning a service on Saturday July 18, in San Marcos, Calvary Chapel of the Springs located at 310 W Hutchinson St., San Marcos, Texas.
We are working on streaming the service if you are unable to attend. When we have a link we will give an update on that.
Following the service there will be a gathering at San Marcos POA river park following the service to share stories, approximately at 7pm. 411-498 River Ranch Cir, Martindale, TX
For loved ones that cannot attend now we will be planning a celebration of Kreg’s life in Canada in the coming months once travel restrictions are lifted. We will be sharing stories about Kreg at his home training grounds at Dodd’s Lake in Innisfail, Canada.

Todayville is a digital media and technology company. We profile unique stories and events in our community. Register and promote your community event for free.

Follow Author

Alberta

Low oil prices could have big consequences for Alberta’s finances

Published on

From the Fraser Institute

By Tegan Hill

Amid the tariff war, the price of West Texas Intermediate oil—a common benchmark—recently dropped below US$60 per barrel. Given every $1 drop in oil prices is an estimated $750 million hit to provincial revenues, if oil prices remain low for long, there could be big implications for Alberta’s budget.

The Smith government already projects a $5.2 billion budget deficit in 2025/26 with continued deficits over the following two years. This year’s deficit is based on oil prices averaging US$68.00 per barrel. While the budget does include a $4 billion “contingency” for unforeseen events, given the economic and fiscal impact of Trump’s tariffs, it could quickly be eaten up.

Budget deficits come with costs for Albertans, who will already pay a projected $600 each in provincial government debt interest in 2025/26. That’s money that could have gone towards health care and education, or even tax relief.

Unfortunately, this is all part of the resource revenue rollercoaster that’s are all too familiar to Albertans.

Resource revenue (including oil and gas royalties) is inherently volatile. In the last 10 years alone, it has been as high as $25.2 billion in 2022/23 and as low as $2.8 billion in 2015/16. The provincial government typically enjoys budget surpluses—and increases government spending—when oil prices and resource revenue is relatively high, but is thrown into deficits when resource revenues inevitably fall.

Fortunately, the Smith government can mitigate this volatility.

The key is limiting the level of resource revenue included in the budget to a set stable amount. Any resource revenue above that stable amount is automatically saved in a rainy-day fund to be withdrawn to maintain that stable amount in the budget during years of relatively low resource revenue. The logic is simple: save during the good times so you can weather the storm during bad times.

Indeed, if the Smith government had created a rainy-day account in 2023, for example, it could have already built up a sizeable fund to help stabilize the budget when resource revenue declines. While the Smith government has deposited some money in the Heritage Fund in recent years, it has not created a dedicated rainy-day account or introduced a similar mechanism to help stabilize provincial finances.

Limiting the amount of resource revenue in the budget, particularly during times of relatively high resource revenue, also tempers demand for higher spending, which is only fiscally sustainable with permanently high resource revenues. In other words, if the government creates a rainy-day account, spending would become more closely align with stable ongoing levels of revenue.

And it’s not too late. To end the boom-bust cycle and finally help stabilize provincial finances, the Smith government should create a rainy-day account.

Continue Reading

Alberta

Governments in Alberta should spur homebuilding amid population explosion

Published on

From the Fraser Institute

By Tegan Hill and Austin Thompson

In 2024, construction started on 47,827 housing units—the most since 48,336 units in 2007 when population growth was less than half of what it was in 2024.

Alberta has long been viewed as an oasis in Canada’s overheated housing market—a refuge for Canadians priced out of high-cost centres such as Vancouver and Toronto. But the oasis is starting to dry up. House prices and rents in the province have spiked by about one-third since the start of the pandemic. According to a recent Maru poll, more than 70 per cent of Calgarians and Edmontonians doubt they will ever be able to afford a home in their city. Which raises the question: how much longer can this go on?

Alberta’s housing affordability problem reflects a simple reality—not enough homes have been built to accommodate the province’s growing population. The result? More Albertans competing for the same homes and rental units, pushing prices higher.

Population growth has always been volatile in Alberta, but the recent surge, fuelled by record levels of immigration, is unprecedented. Alberta has set new population growth records every year since 2022, culminating in the largest-ever increase of 186,704 new residents in 2024—nearly 70 per cent more than the largest pre-pandemic increase in 2013.

Homebuilding has increased, but not enough to keep pace with the rise in population. In 2024, construction started on 47,827 housing units—the most since 48,336 units in 2007 when population growth was less than half of what it was in 2024.

Moreover, from 1972 to 2019, Alberta added 2.1 new residents (on average) for every housing unit started compared to 3.9 new residents for every housing unit started in 2024. Put differently, today nearly twice as many new residents are potentially competing for each new home compared to historical norms.

While Alberta attracts more Canadians from other provinces than any other province, federal immigration and residency policies drive Alberta’s population growth. So while the provincial government has little control over its population growth, provincial and municipal governments can affect the pace of homebuilding.

For example, recent provincial amendments to the city charters in Calgary and Edmonton have helped standardize building codes, which should minimize cost and complexity for builders who operate across different jurisdictions. Municipal zoning reforms in CalgaryEdmonton and Red Deer have made it easier to build higher-density housing, and Lethbridge and Medicine Hat may soon follow suit. These changes should make it easier and faster to build homes, helping Alberta maintain some of the least restrictive building rules and quickest approval timelines in Canada.

There is, however, room for improvement. Policymakers at both the provincial and municipal level should streamline rules for building, reduce regulatory uncertainty and development costs, and shorten timelines for permit approvals. Calgary, for instance, imposes fees on developers to fund a wide array of public infrastructure—including roads, sewers, libraries, even buses—while Edmonton currently only imposes fees to fund the construction of new firehalls.

It’s difficult to say how long Alberta’s housing affordability woes will endure, but the situation is unlikely to improve unless homebuilding increases, spurred by government policies that facilitate more development.

Tegan Hill

Director, Alberta Policy, Fraser Institute

Austin Thompson

Senior Policy Analyst, Fraser Institute
Continue Reading

Trending

X