Business
Red Deer Regional Airport (YQF) Receives $30 million in Provincial Funding for Expansion Project

News Release from the Red Deer Regional Airport
In partnership with the Government of Alberta, Red Deer County, and the City of Red Deer, Red Deer Regional Airport (YQF) is set for further expansion. This project is expected to take two years to complete, at a cost of
$30 million representing the final phase of the airports’ three-phased expansion plan.
Phase 3 is expected to begin this summer, expanding Airport Drive and providing direct access to the airport from Highway 2A and Township Rd 374. This will also create additional emergency access to the airport and the Hamlet of Springbrook, increasing safety for the surrounding community and airport users.
This project will play a significant role in helping to build regional capacity and enhance the economic corridor by providing an efficient and affordable low-cost service model for all airport users. With 220 acres of prime runway-adjacent real estate ready to be developed, it will significantly boost the region’s economy with the creation of nearly 200 jobs during construction and 350 jobs post-commercial land development. It is estimated to generate close to $1 million in additional tax revenue for Red Deer County when the lands are fully developed in the future.
“Alberta’s government is providing a $30-million grant in 2023-24 in support of the Red Deer Regional Airport expansion project, clearing the way for new services at the airport that will enable an increase in cargo, trade volumes and passenger service. These improvements will also open new travel options and increase tourism in Central Alberta.” Devin Dreeshen, Minister of Transportation and Economic Corridors
“This is definitely exciting news; the Red Deer Regional Airport is situated along one of the busiest transportation hubs in the province. This expansion will provide huge economic benefits to Central Alberta” added Mayor Jim Wood of Red Deer County.
“The City and County recognize the Red Deer Regional Airport as an economic catalyst. The City, as a joint appointer for the airport with the County, is working together to be a key logistics hub based on our prime location. Thank you to the Province of Alberta for their investments in Central Alberta” said Mayor Ken Johnston of The City of Red Deer.
Phase 1 of the airport’s expansion plan is already underway on key infrastructure upgrades that include, the widening of the main runway from 30 meters to 45 meters, along with strengthening the main apron and taxiway. Once complete, these upgrades will allow the airport to attract the types of aircraft commonly associated with low-cost airlines, cargo operators, and heavy aircraft maintenance and repair facilities.
Phase 2, which includes the construction of a new low-cost terminal and expansion of the main parking lot is expected to begin this year as well, at a cost of $5 million.
Once complete, all three phases of the airport’s expansion plans will improve the fluidity and resiliency of Alberta’s transportation system and economic corridor at an affordable rate for businesses and passengers alike.
The Red Deer Regional Airport Authority would like to thank the Government of Alberta, the Minister of Transportation and Economic Corridors, the City of Red Deer and Red Deer County for their continued support.
More information has been included on our website at: Airport Expansion Project
2025 Federal Election
Columnist warns Carney Liberals will consider a home equity tax on primary residences

From LifeSiteNews
The Liberals paid a group called Generation Squeeze, led by activist Paul Kershaw, to study how the government could tap into Canadians’ home equity — including their primary residences.
Winnipeg Sun Columnist Kevin Klein is sounding the alarm there is substantial evidence the Carney Liberal Party is considering implementing a home equity tax on Canadians’ primary residences as a potential huge source of funds to bring down the massive national debt their spending created.
Klein wrote in his April 23 column and stated in his accompanying video presentation:
The Canada Mortgage and Housing Corporation (CMHC) — a federal Crown corporation — has investigated the possibility of a home equity tax on more than one occasion, using taxpayer dollars to fund that research. This was not backroom speculation. It was real, documented work.
The Liberals paid a group called Generation Squeeze, led by activist Paul Kershaw, to study how the government could tap into Canadians’ home equity — including their primary residences.
Kershaw, by the way, believes homeowners are “lottery winners” who didn’t earn their wealth but lucked into it. That’s the ideology being advanced to the highest levels of government.
It didn’t stop there. These proposals were presented directly to federal cabinet ministers. That’s on record, and most of those same ministers are now part of Mark Carney’s team as he positions himself as the Liberals’ next leader.
Watch below Klein’s 7-minute, impassionate warning to Canadians about this looming major new tax should the Liberals win Monday’s election.
Klein further adds:
The total home equity held by Canadians is over $4.7 trillion. It’s the largest pool of private wealth in the country. For millions of Canadians — especially baby boomers — it’s the only retirement fund they have. They don’t have big pensions. They have a paid-off house and a hope that it will carry them through their later years. Yet, that’s what Ottawa has quietly been circling.
The Canadian Taxpayer’s Federation has researched this issue and published a report on the alarming amount of new taxation a homeowner equity tax could cost Canadians who sell their homes that have increased in value over the years they have lived in it. It is a shocker!
A Google search on the question, “what is a home equity tax?” returns the response:
A home equity tax, simply put, it’s a proposed levy on the increased value of your home, specifically, on your principal residence. The idea is for Government to raise money by taxing wealth accumulation from rising property values.
The Canadian Taxpayers Federation has provided a Home Equity Tax Calculator Backgrounder to help Canadians understand what the impact of three different types of Home Equity Tax Calculators would have on home owners. The required tax payment resulting from all three is a shocker.
Keep in mind that World Economic Forum policies intend to eventually eliminate all private home ownership and have the state own and control not only all residences, but also eliminate car ownership, and control when and where you may live and travel.
Carney, Trudeau and several other members of the Liberal government in key positions are heavily connected to the WEF.
2025 Federal Election
Carney’s Hidden Climate Finance Agenda

From Energy Now
By Tammy Nemeth and Ron Wallace
It is high time that Canadians discuss and understand Mark Carney’s avowed plan to re-align capital with global Net Zero goals.
Mark Carney’s economic vision for Canada, one that spans energy, housing and defence, rests on an unspoken, largely undisclosed, linchpin: Climate Finance – one that promises a Net Zero future for Canada but which masks a radical economic overhaul.
Regrettably, Carney’s potential approach to a Net Zero future remains largely unexamined in this election. As the former chair of the Glasgow Financial Alliance for Net Zero (GFANZ), Carney has proposed new policies, offices, agencies, and bureaus required to achieve these goals.. Pieced together from his presentations, discussions, testimonies and book, Carney’s approach to climate finance appears to have four pillars: mandatory climate disclosures, mandatory transition plans, centralized data sharing via the United Nations’ Net Zero Data Public Utility (NZDPU) and compliance with voluntary carbon markets (VCMs). There are serious issues for Canada’s economy if these principles were to form the core values for policies under a potential Liberal government.
About the first pillar Carney has been unequivocal: “Achieving net zero requires a whole economy transition.” This would require a restructuring energy and financial systems to shift away from fossil fuels to renewable energy with Carney insisting repeatedly in his book that “every financial [and business] decision takes climate change into account.” Climate finance, unlike broader sustainable finance with its Environmental, Social, and Governance (ESG) focus would channel capital into sectors aligned with a 2050 Net Zero trajectory. Carney states: “Companies, and those who invest in them…who are part of the solution, will be rewarded. Those lagging behind…will be punished.” In other words, capital would flow to compliant firms but be withheld from so-called “high emitters”.
How will investors, banks and insurers distinguish solution from problem? Mandatory climate disclosures, aligned with the International Sustainability Standards Board (ISSB), would compel firms to report emissions and outline their Net Zero strategies. Canada’s Sustainability Standards Board has adopted these methodologies, despite concerns they would disadvantage Canadian businesses. Here, Carney repeatedly emphasizes disclosures as the cornerstone to track emissions data required to shift capital away from “high emitters”. Without this, he claims, large institutional investors lack the data on supply chains to make informed decisions to shift capital to businesses that are Net Zero compliant.
The second pillar, Mandatory Transition Plans would require companies to map a 2050 Net Zero trajectory for emission reduction targets. Failure to meet those targets would invite pressure from investors, banks, or activists, who may pursue litigation for non-compliance. The UK’s Transition Plan Task Force, now part of ISSB, provides this standardized framework. Carney, while at GFANZ, advocated using transition plans for a “managed phase-out” of high-emitting assets like coal, oil and gas, not just through divestment but by financing emissions reductions. “As part of their transition planning, [GFANZ] members should establish and apply financing policies to phase out and align carbon-intensive sectors and activities, such as thermal coal, oil and gas and deforestation, not only through asset divestment but also through transition finance that reduces real world emissions. To assist with these efforts GFANZ will continue to develop and implement a framework for the Managed Phase-out of high-emitting assets.” Clearly, the purpose of this is to ensure companies either decarbonize or face capital withdrawal.
The third pillar is the United Nations’ Net Zero Data Public Utility (NZDPU), a centralized platform for emissions and transition data. Carney insists these data be freely accessible, enabling investors, banks and insurers to judge companies’ progress to Net Zero. As Carney noted in 2021: “Private finance is judging…banks, pension funds and asset managers have to show where they are in the transition to Net Zero.” Hence, compliant firms would receive investment; laggards would face divestment.
Finally, voluntary carbon markets (VCMs) allow companies to offset emissions by purchasing credits from projects like reforestation. Carney, who launched the Taskforce on Scaling VCMs in 2020, has insisted on monitoring, verification and lifecycle tracking. At a 2024 Beijing conference, he suggested major jurisdictions could establish VCMs by COP 30 (planned for 2025 in Brazil) to create a global market. If Canada mandates VCMs, businesses especially small and medium enterprises (SMEs) would face much higher compliance costs with credits available only to those that demonstrate progress with transition plans.
These potential mandatory disclosures and transition plans would burden Canadian businesses with material costs and legal risks that constitute an economic gamble which few may recognize but all should weigh. Do Canadians truly want a government that has an undisclosed climate finance agenda that would be subservient to an opaque globalized Net Zero agenda?
Tammy Nemeth is a U.K.-based strategic energy analyst. Ron Wallace is an executive fellow of the Canadian Global Affairs Institute and the Canada West Foundation.
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