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City of Red Deer responds to the Provincial Budget

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From The City of Red Deer

As was expected with the release of the Provincial Budget yesterday, The City of Red Deer will work to maintain the programs and services citizens expect with reduced Provincial funding.

Given Alberta’s continued economic challenges, The City anticipated a drop in Municipal Sustainability Initiative (MSI) funding and has budgeted appropriately. Administration built The City’s proposed capital plan with a reduction in MSI funding.

“This is the austerity budget we were expecting and planned for as a municipality. We are, however, encouraged to see that municipal capital funding will be legislated as The City’s capital plan relies heavily on this source,” Mayor Veer said. “Our budgets are built with community and province building in mind, and this predictable funding source will provide stability in long-term infrastructure planning.”

Municipalities will also see a province-wide reduction of $30 million in grants in place of property taxes paid by the Provincial Government by 2023 compared to the amounts received in 2018. The amount will be reduced by 25 per cent in 2019-2020 with a further reduction of 25 per cent the following year.

In terms of community safety and crime, one of Council’s priorities in their 2019-2022 Strategic Plan, the Government will continue its investment in the Justice Centre and there will be an additional $50 million investment over the next four years in the Alberta Law Enforcement Response Team (ALERT).

“Safety is the top priority for The City of Red Deer and our citizens. The continued development of the new Provincial Justice Centre reinforces our ongoing efforts to enhance safety in our community by strengthening the court’s ability to uphold charges and obtain justice for victims of crime,” said Mayor Tara Veer. “The additional funding for ALERT is a welcome enhanced investment in combating organized and serious crime with the result of creating safer communities for all Albertans.”

To further our commitment to safety and crime reduction, Red Deer is advocating for several new Crown Prosecutors with the previous announcement of 50 Crown Prosecutors across the province. It is also hoped that Red Deer and region will get a number of the 4,000 addictions treatment spaces announced as part of our response to local social issues.

“As a community, we are disappointed in the lack of funding for the expansion of the Red Deer Regional Hospital in this budget,” said Mayor Tara Veer. “However, the opportunity exists for our community to advocate jointly for this expansion and to work with The Province to develop a pragmatic phasing plan for its development.”

Like many other communities, Red Deer continues to experience gaps in social services for mental health and addictions. The City will work with the Provincial Government on these initiatives including the implementation of mental health and addiction services and opioid response strategies. These initiatives align with Council’s priorities in the current Strategic Plan.

“There is still a need for Provincial infrastructure investment in the form of a 24/7 shelter in Red Deer,” said Mayor Veer. “We’ve discussed this need with the Minister of Seniors and Housing and we will be working alongside her in the coming months to convey the scope and needs in Red Deer to ensure it is included in future budgets.”

While it is still critical that Alberta gets its energy to market, the announcement of the reduction in the corporate tax rate has the potential to stimulate private investment and spur economic development in Red Deer in the meantime.

Administration will continue to review the Provincial budget and watch for more details in the coming weeks. The impact on property tax notices will be calculated in April when the approved municipal operating budget is combined with the Provincial Education Requisition and tax rates are set by Red Deer City Council.

After 15 years as a TV reporter with Global and CBC and as news director of RDTV in Red Deer, Duane set out on his own 2008 as a visual storyteller. During this period, he became fascinated with a burgeoning online world and how it could better serve local communities. This fascination led to Todayville, launched in 2016.

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Alberta

Big win for Alberta and Canada: Statement from Premier Smith

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Premier Danielle Smith issued the following statement on the April 2, 2025 U.S. tariff announcement:

“Today was an important win for Canada and Alberta, as it appears the United States has decided to uphold the majority of the free trade agreement (CUSMA) between our two nations. It also appears this will continue to be the case until after the Canadian federal election has concluded and the newly elected Canadian government is able to renegotiate CUSMA with the U.S. administration.

“This is precisely what I have been advocating for from the U.S. administration for months.

“It means that the majority of goods sold into the United States from Canada will have no tariffs applied to them, including zero per cent tariffs on energy, minerals, agricultural products, uranium, seafood, potash and host of other Canadian goods.

“There is still work to be done, of course. Unfortunately, tariffs previously announced by the United States on Canadian automobiles, steel and aluminum have not been removed. The efforts of premiers and the federal government should therefore shift towards removing or significantly reducing these remaining tariffs as we go forward and ensuring affected workers across Canada are generously supported until the situation is resolved.

“I again call on all involved in our national advocacy efforts to focus on diplomacy and persuasion while avoiding unnecessary escalation. Clearly, this strategy has been the most effective to this point.

“As it appears the worst of this tariff dispute is behind us (though there is still work to be done), it is my sincere hope that we, as Canadians, can abandon the disastrous policies that have made Canada vulnerable to and overly dependent on the United States, fast-track national resource corridors, get out of the way of provincial resource development and turn our country into an independent economic juggernaut and energy superpower.”

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Alberta

Energy sector will fuel Alberta economy and Canada’s exports for many years to come

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From the Fraser Institute

By Jock Finlayson

By any measure, Alberta is an energy powerhouse—within Canada, but also on a global scale. In 2023, it produced 85 per cent of Canada’s oil and three-fifths of the country’s natural gas. Most of Canada’s oil reserves are in Alberta, along with a majority of natural gas reserves. Alberta is the beating heart of the Canadian energy economy. And energy, in turn, accounts for one-quarter of Canada’s international exports.

Consider some key facts about the province’s energy landscape, as noted in the Alberta Energy Regulator’s (AER) 2023 annual report. Oil and natural gas production continued to rise (on a volume basis) in 2023, on the heels of steady increases over the preceding half decade. However, the dollar value of Alberta’s oil and gas production fell in 2023, as the surging prices recorded in 2022 following Russia’s invasion of Ukraine retreated. Capital spending in the province’s energy sector reached $30 billion in 2023, making it the leading driver of private-sector investment. And completion of the Trans Mountain pipeline expansion project has opened new offshore export avenues for Canada’s oil industry and should boost Alberta’s energy production and exports going forward.

In a world striving to address climate change, Alberta’s hydrocarbon-heavy energy sector faces challenges. At some point, the world may start to consume less oil and, later, less natural gas (in absolute terms). But such “peak” consumption hasn’t arrived yet, nor does it appear imminent. While the demand for certain refined petroleum products is trending down in some advanced economies, particularly in Europe, we should take a broader global perspective when assessing energy demand and supply trends.

Looking at the worldwide picture, Goldman Sachs’ 2024 global energy forecast predicts that “oil usage will increase through 2034” thanks to strong demand in emerging markets and growing production of petrochemicals that depend on oil as the principal feedstock. Global demand for natural gas (including LNG) will also continue to increase, particularly since natural gas is the least carbon-intensive fossil fuel and more of it is being traded in the form of liquefied natural gas (LNG).

Against this backdrop, there are reasons to be optimistic about the prospects for Alberta’s energy sector, particularly if the federal government dials back some of the economically destructive energy and climate policies adopted by the last government. According to the AER’s “base case” forecast, overall energy output will expand over the next 10 years. Oilsands output is projected to grow modestly; natural gas production will also rise, in part due to greater demand for Alberta’s upstream gas from LNG operators in British Columbia.

The AER’s forecast also points to a positive trajectory for capital spending across the province’s energy sector. The agency sees annual investment rising from almost $30 billion to $40 billion by 2033. Most of this takes place in the oil and gas industry, but “emerging” energy resources and projects aimed at climate mitigation are expected to represent a bigger slice of energy-related capital spending going forward.

Like many other oil and gas producing jurisdictions, Alberta must navigate the bumpy journey to a lower-carbon future. But the world is set to remain dependent on fossil fuels for decades to come. This suggests the energy sector will continue to underpin not only the Alberta economy but also Canada’s export portfolio for the foreseeable future.

Jock Finlayson

Senior Fellow, Fraser Institute
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