Community
How $4.7Billion could have been better spent in Alberta
The number of 4.7 billion dollars has been flying around in Alberta recently for different reasons.
The most common relevance of $4.7 billion was the often touted tax give away to large corporations which was used to beef up reserves, increase dividends, bonuses, or buy back shares but did not increase jobs as it was intended. Tens of thousands of jobs have been lost since the tax give away was announced.
If this is to be believed then each and every Albertan paid out $110 for big corporations benefit at the cost of more jobs.
The less commonality of 4.7 billion is the extreme cost of remediation and/or clean up of 77,000 abandoned wells. Not the environmental costs of abandonment, but the remediation and clean up of the abandoned well.
The costs are said to cost between $20,000 and $61,000 per well. So if we go with $61,000 times 77,000 abandoned wells it would cost $4.697 rounded off to $4.7 billion.
Premier Kenney wants the federal government to pay the costs, protect the environment and create jobs for Albertans after giving the same amount of money to some of the same companies who were profiting and abandoning the wells.
We also have on the books, 90,000 inactive wells which could become abandoned if we don’t take actions, now. That could be $5.4 billion hit in the near future at today’s estimates.
There is some resistance and resentment from Canadians and even some Albertans. That 4.7 billion that went to already deep pockets could of created jobs for Albertans and protected the environment.
Why did we not address these wells when we were in boom times? These wells did not pop up overnight, they have been around for up to half a century. Who is to blame? Who was looking out for Albertans? Apparently it wasn’t the big oil companies or the governments.
Perhaps it is time to hit the rest button?
L to R: Cindy Jefferies, Susan Knopp, Lane Tomalty, Bre Fitzpatrick
Photo credit: The SnapHappy Photographer
After a decade of leadership under Cindy Jefferies and Susan Knopp, 100+ Women Who Care Red Deer (100+ WWCRD) is proud to celebrate 10 years of supporting local charities and the announcement of Bre Fitzpatrick and Lane Tomalty as its new co-leaders. This marks an exciting new chapter for the group, which has made a significant impact on not-for-profit organizations in Central Alberta.
Cindy and Susan have led 100+ WWCRD with vision, dedication, and a commitment to empowering women to lead and inspire change. Under their stewardship, the organization has raised over $630,000 for local charities by hosting 4 annual 1-hour meetings. Since 2015, more than 36 local charities have received funding through the group.
Reflecting on their tenure, Cindy and Susan stated:
“Leading 100 Women has been an honour and a privilege. When we began this journey, we didn’t know where it would go – we simply loved the simple, elegant, and fun ‘100 Who Care’ concept and thought it was a great fit for our community. We are grateful to the many women who have stood with us. They are the magic of the organization! We are confident Bre and Lane will steward this leadership role well and we look forward to supporting it – just not from behind the microphone!”
Bre and Lane bring a dynamic energy and fresh perspective to the organization. Both have been involved with the group and have been mentored by Susan and Cindy over the past year. They are eager to continue the collaboration, connection, and local support this team of women have established in Red Deer.
In their joint statement, Bre and Lane shared:
“We are humbled to step into this role and build on the incredible foundation Cindy and Susan have laid. Many needs are at the doorstep of our community and in the hearts and minds of our members. We know a powerful, caring, and united group of individuals can play a huge role in driving change and breaking barriers.
To celebrate this milestone and leadership transition, the 100+ WWCRD hosted the final meeting of 2024 on November 25th at the Red Deer Golf and Country Club. The evening featured reflections from Cindy and Susan, the selection of the Salvation Army as the charity of choice, an opportunity for members to connect with Bre and Lane as they outline their vision for the organization’s next chapter, and a toast to 10 years.
For more information, please visit www.100womenreddeer.ca
About 100+ Women Who Care Red Deer
100+ Women Who Care Red Deer is a network of compassionate, empowered, and dedicated women who make a direct, immediate, and positive impact in Red Deer and area. We support local non-profit and charitable organizations that work every day to make our community a better place to live. 100% of funds donated go to the selected charities – there are no
administration fees, and all costs are covered by the generosity of sponsors. Collectively, we make a difference.
The group meets 4 times annually for 1 hour. Non-profit and charitable organizations are nominated by members. After hearing 3 randomly drawn pitches, the members vote to select their top choice. The group with the highest number of votes receives the members’ donations. Each member or team commits to donating $100 at each meeting. Since 2015, the average raised has been more than $15,000 per meeting.
Membership is open to all women In Red Deer and area. We invite you to join us! The first meeting of 2025 will be on Monday, February 3, 2025.
Founded in February 2015, the organization currently has about 150 members. We are committed to uniting this powerful group of 100+ women who care and lifting the amazing non-profits and charitable groups they support.
Festival of Trees tickets are on sale now! Get ’em while they’re hot!
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