Connect with us
[the_ad id="89560"]

Alberta

Police disrupt major liquor distribution network

Published

2 years ago

2 minute read

New release submitted by The Edmonton Police Service

The Edmonton Police Service (EPS) has charged 10 people in relation to a major liquor distribution network investigation.

In late 2020, the EPS Focused Intervention & Apprehension Team (FIAT) initiated an investigation in response to the growing trend of liquor theft. During the investigation, a large market for stolen liquor was uncovered, along with a coordinated distribution network that was supplying the liquor to legitimate local businesses. Alongside the liquor theft, investigators also determined the individuals involved were trafficking illegal drugs and unmarked cigarettes and were in the possession of stolen property. Over the course of several months, search warrants were executed at multiple residences and businesses across the city. This resulted in the seizure of:

  • Approximately $130,000 of liquor
  • 350,000 unmarked cigarettes (approximate value of $35,000)
  • 730 fentanyl pills (approximate street value of $73,000)
  • 1.49 kg of cocaine (approximate street value of $185,000)
  • 270 Xanax pills (approximate street value of $5,400)

Photos of some of the seized items are included below

 

 

Police have since arrested and charged 10 people and are looking to arrest and charge four additional individuals. These individuals include business owners and those involved with the distribution network, and they are facing a combined total of 40 charges, including conspire to possess property obtained from crime for the purpose of trafficking over $5,000, traffic in a controlled substance, conspire to sell/distribute unstamped tobacco products, attempt to possess property obtained by crime for the purpose of trafficking over $5,000, and possession for the purpose of trafficking.

To date, the following ten individuals have been arrested and charged:

  • Steven Dahrouge, 39
  • Julien Roussel, 65
  • James Cermak, 41
  • Cara Yaremchuk, 34
  • Michael Gennaro, 51
  • John Berg, 67
  • Harkamal Singh Kahlon, 45
  • James Burns, 42,
  • Thomas Areekadan, 57
  • Raj Sony Jalarajan, 46

 

 

Before Post

Related Topics:

Alberta-owned independent media company. We specialize in local, regional, and national news and information. We promote events, businesses, organizations in the Edmonton region. Contact us at [email protected].

Follow Author

More from this author
Alberta / 2 months ago

Police seize more than 66 kg of illicit drugs in interprovincial trafficking investigation

Alberta / 9 months ago

Male suspect involved in tragic incident between Beaumont and Edmonton sought by police; EPS release photos of suspect

Alberta / 11 months ago

City of Edmonton shuts down eighth homeless encampment after insuring space for occupants in warm shelters

Alberta

Alberta’s fiscal update projects budget surplus, but fiscal fortunes could quickly turn

Published on November 21, 2024

By

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:

Tegan Hill
Continue Reading

Alberta

Premier Smith says Auto Insurance reforms may still result in a publicly owned system

Published on November 21, 2024

By

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.”

Danielle Smith, Premier

“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.”

Nate Horner, President of Treasury Board and Minister of Finance

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.”

Nathan Neudorf, Minister of Affordability and Utilities

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
Continue Reading

Trending

X