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:

From LifeSiteNews

By Dr. Michael Nevradakis of The Defender

The Center for Countering Digital Hate, authors of ‘The Disinformation Dozen,’ faces a Nov. 21 deadline to provide Congress with documents related to its alleged collusion with the Biden administration and social media platforms to censor online users.

The Center for Countering Digital Hate (CCDH), authors of the “Disinformation Dozen,” faces a Nov. 21 deadline to provide Congress with documents related to its alleged collusion with the Biden administration and social media platforms to censor online users.

Rep. Jim Jordan (R-Ohio), chairman of the House Judiciary Committee, on Nov. 7 subpoenaed CCDH  as part of an ongoing congressional investigation, launched in August 2023, into the nonprofit’s censorship-related activities.

The subpoena requests all communications and documents “between or among CCDH, the Executive Branch, or third parties, including social media companies, relating to the identification of groups, accounts, channels, or posts for moderation, deletion, suppression, restriction, or reduced circulation.”

The subpoena also requests all records, notes, and other “documents of interactions between or among CCDH and the Executive Branch referring or relating to ‘killing’ or taking adverse action against Elon Musk’s X social media platform (formerly Twitter).”

CCDH previously included Kennedy on its “Disinformation Dozen” list, published in March 2021, of the 12 “leading online anti-vaxxers.”

Leaked CCDH documents released last month by investigative journalists Paul D. Thacker and Matt Taibbi revealed that CCDH sought to “kill” Twitter and launch “black ops” against Robert F. Kennedy Jr., President-elect Donald J. Trump’s nominee for secretary of the U.S. Department of Health and Human Services (HHS).

CCDH included Kennedy, founder of Children’s Health Defense (CHD), on its list of “The Disinformation Dozen” when he was still chairman of CHD.

“Black ops” are defined as a “secret mission or campaign carried out by a military, governmental or other organization, typically one in which the organization conceals or denies its involvement.”

A subsequent report by Taibbi and Thacker showed that CCDH employed tactics it initially developed to help U.K. Prime Minister Keir Starmer and the U.S. Democratic Party, to target Musk, Kennedy and others.

CCDH used ‘explicit military terminology’ to target speech

Thacker told The Defender the leaked documents “definitely spurred” Jordan’s subpoena.

Sayer Ji, the founder of GreenMedInfo, was also listed among “The Disinformation Dozen.” He said the leaked documents were “chilling” and that CCDH’s efforts were part of “the largest coordinated foreign influence operation targeting American speech since 1776.”

Ji told The Defender:

The leaked documents confirm what we experienced firsthand: CCDH wasn’t just targeting 12 individuals – we were test cases for deploying military-grade psychological operations against civilians at scale.

Just as the British Crown once used seditious libel laws to silence colonial dissent, CCDH’s operation expanded to silence hundreds of millions globally, from doctors sharing clinical observations to parents discussing vaccine injuries.

Ohio physician Dr. Sherri Tenpenny, also on “The Disinformation Dozen” list, told The Defender, “The exposure of the manipulation that went on behind the scenes to silence us is what we suspected, and now we know … We have the sad last laugh against their attacks. They are the ones with blood on their hands.”

Ji said CCDH’s internal communications reveal not just bias, “but explicit military terminology – ‘black ops,’ ‘target acquisition,’ ‘strategic deployment’ – coordinated between Five Eyes networks and dark money interests to target constitutionally protected speech.”

Writing on GreenMedInfo, Ji said, “CCDH’s ‘black ops’ approach includes coordinated media smears, economic isolation, and digital censorship.” Ji said CCDH’s activities represent “a new level of institutionalized power directed at civilian targets, often bypassing constitutional safeguards.”

Thacker said Jordan’s investigation should expand to include CCDH’s “black ops.”

“I don’t want to speculate on what CCDH was doing with ‘black ops’ against Kennedy,” Thacker said. “I think that should be explored by a congressional committee, with CCDH CEO Imran Ahmed put under oath,” Thacker said.

CCDH facing multiple lawsuits, possible Trump administration investigation

Jordan’s subpoena is the latest in a series of legal challenges for CCDH. According to GreenMedInfo, the organization faces several lawsuits and government investigations.

Following last month’s CCDH document leak, the Trump campaign said an investigation into CCDH “will be at the top of the list.”

The campaign also filed a complaint against the Harris campaign with the Federal Election Commission, “for making and accepting illegal foreign national contributions” – namely, from the U.K. Labour Party.

This followed the release of evidence indicating that the Biden administration coordinated with the U.K. Foreign Office as part of what GreenMedInfo described “as a systematic censorship regime involving CCDH and affiliated organizations.”

A lawsuit Musk filed against CCDH in July 2023 for allegedly illegally obtaining data and using it in a “scare campaign” to deter advertisers from X will likely proceed on appeal. A federal court initially dismissed the lawsuit in March.

Discovery in the Missouri v. Biden free speech lawsuit may also “shed further light and legal scrutiny on the critical role that CCDH played in allegedly suppressing and violating the civil liberties of U.S. citizens,” according to GreenMedInfo.

CCDH, others flee X in protest

Earlier this week, CCDH deleted its account on X, the platform it wanted to “kill.”

Writing on Substack, Ji said CCDH’s departure from X, during the same week Trump nominated Kennedy to lead HHS, represents a “seismic shift” and marks “a watershed moment, signaling the unraveling of entrenched systems of control and the rise of a new era for health freedom and open discourse.”

Several other left-leaning organizations and individuals, including The Guardian and journalist Don Lemon, also said they will stop using X, after Trump tapped Musk to lead a federal agency tasked with increasing government efficiency.

According to NBC News, many ordinary users are also fleeing X, citing “bots, partisan advertisements and harassment, which they all felt reached a tipping point when Donald Trump was elected president last week with Musk’s support.”

But according to Adweek, X’s former top advertisers, including Comcast, IBM, Disney, Warner Bros. Discovery and Lionsgate Entertainment, resumed ad spending on the platform this year, but at “much lower rates” than before.

“Elon Musk’s ties with Donald Trump might spur some advertisers to think spending on X is good for business,” Adweek reported.

Thacker said CCDH’s deletion of its X account was “aligned” with the departure of “other organizations and ‘journalists’ aligned with the Democratic Party.” He said it appears to have been a “coordinated protest.”

Ji said organizations like CCDH view X “as an existential threat.” He added:

Having experienced both Twitter 1.0’s AI-driven censorship system and X’s more open environment, I understand exactly why CCDH sees X as an existential threat. X represents what Twitter 1.0’s embedded censorship infrastructure was designed to prevent: a truly free digital public square.

Under Musk’s commitment to free speech, their tactical advantage disappeared. They’re not leaving because X is toxic. They’re leaving because they can’t control it.

Online censorship ‘may no longer be sustainable under intensified scrutiny’

According to GreenMedInfo, CCDH’s departure from X “appears to reflect an internal recognition that their operational model – characterized by critics as a US-U.K. intelligence ‘cut-out’ facilitating  unconstitutional suppression of civil liberties – may no longer be sustainable under intensified scrutiny.”

In recent months, several mainstream media outlets have corrected stories that relied upon CCDH reports claiming “The Disinformation Dozen” was responsible for up to two-thirds of vaccine-related “misinformation” online.

According to Thacker, this reflects an increasing awareness by such outlets that readers are turning their backs on such reporting.

“The outlets that promoted CCDH propaganda are being investigated by their own readers, who are fleeing in droves. Readers are voting against this type of propaganda by refusing to subscribe to these media outlets,” Thacker said.

Yet, “many outlets continue to host these demonstrably false narratives without correction,” Ji said.

According to Ji, these false narratives resulted in medical professionals fearing the loss of their licenses for expressing non-establishment views, self-censorship among scientists “to avoid career destruction,” suppression of “critical public health discussions” and the labeling of millions of posts as “misinformation.”

“This isn’t just about suppressing speech. It’s about establishing a new form of digital control that echoes the colonial-era suppression our founders fought against,” Ji said.

“CCDH has polluted political discourse by pretending there is some absolute definition of the term ‘misinformation’ and that they hold the dictionary,” Thacker said. “That’s nonsense. They spread hate and misinformation to attack perceived political enemies of the Democratic Party.”

Ji called upon Congress to investigate “The full scope of those silenced beyond the ‘Disinformation Dozen,’” the “systematic suppression of scientific debate,” “media organizations’ role in amplifying foreign influence operations” and “dark money funding networks” supporting such organizations.

Thacker said Congress should examine possible CCDH violations of the Foreign Agents Registration Act. “We need to also look at how much foreign money they took in and whether we as a nation are comfortable with foreign influence trying to alter the law and political discussions.”

“The fight isn’t just about correcting past wrongs or personal vindication. It’s about preserving fundamental rights to free speech and scientific inquiry in the digital age,” Ji said. “If we don’t address this systematic abuse of power, we risk surrendering the very freedoms our founders fought to establish.”

This article was originally published by The Defender – Children’s Health Defense’s News & Views Website. Please consider subscribing to The Defender or donating to Children’s Health Defense.