Discover and read the best of Twitter Threads about #abbudget

Most recents (14)

#abpoli, let's talk about how some (mostly conservative) political elites are working overtime to try make us angry at the feds, and presumably to redirect anger away from them and their (budgetary) choices
In so doing, some elites in #abpoli are using concepts like colonialism in incorrect, gross ways.

#cdnpoli, take note, too, b/c these arguments are directed at you and they're not persuasive
The starting premise is that Alberta is treated like a colony by Canada, and that this "must" change "constitutionally" before Albertans will stop being angry or wanting to separate.

There are so many things empirically wrong about this I don't know where to start, really
Read 24 tweets
I notice patterns. I am a writer, so most of the patterns I notice in words, especially the written word - be it on paper or on the internet.

In the past two days, the words the UCP are using are interesting to say the least...

They continue to use job creation and #JobCreators to mean large corporations in the O&G fields. But I think they can see that no one is really buying that line anymore.

#ableg #abpoli #ABbudget
They use words to evoke fear and othering & an US vs THEM mentality.

"those who hold our economy HOSTAGE" "lawless and dangerous" "urban green left zealots"

Is it truly shocking that we see the kind of hate and violence we have seen this week with certain STICKERS? #ABLEG
Read 12 tweets
With #abbudget 2020, the Alberta government promises a return to a balanced budget by the end of its mandate in 2023. #ableg
Finance Minister Travis Toews says #abbudget 2020 continues the province’s October path of trimming spending, cutting corporate tax rates and reducing red tape. #ableg
#abbudget 2020 includes:
- $6.4B/year investment in building schools, healthcare facilities, roads and infrastructure
- $772M in new capital plan projects over the next three years, creating a forecasted 3,000 new jobs

(Graph: Alberta Government)
Read 31 tweets
1)At Resistance #yeg Townhall. Told deficit caused by over reliance on resource revenue, not overspending. We spend less of our GDP on services than other provinces. Before #UCP, economy best in Canada. Alta has the lowest debt to GDP ratio in Canada.
2) Public sector wages paid less than private workers. Reality public sector workers already shared the pain, not the gain. In Alta both private & public sector workers earn more than in other provinces. #ableg #abresistance #UCP
3) Corporate tax cuts do•not•create wealth & have•not•worked anywhere in Canada. AB has revenue, not spending, problem. If we taxed at rate of next lowest tax province, we would have $11.2 billion more in revenue & there would be no need to gut services. #ableg #abresistence
Read 16 tweets
Now for your daily pension update. Quote from the most recent LAPP annual report:
"On March 1, 2019, the LAPP Corporation will be
established as trustee and administrator of the Plan
and will be the foundation of a new governance
structure" #handsoffmypension
They were about to attain the same joint governance that ATRF already had and has had for years! Another quote: "The Plan will be officially recognized as a jointly-sponsored pension plan (JSPP) with full authority to make all decisions concerning LAPP." #ABbudget
Why would LAPP be celebrating this as a victory? The answer is also in the annual report... "It is an important milestone for LAPP because it means that members are no longer subjected to the political risk and volatility that comes with party platforms and election promises."
Read 6 tweets
UCP's preparing for a fight with public service workers; ramming 2 omnibus bills that will abolish funds for: cancer prevention, climate change,and environmental protection; ending tax credits for: tech, scientific research,and students. #ABbudget #abpoli…
Measures proposed in Bill 20:

End the Interactive Digital Media Tax Credit, Capital Investment Tax Credit, Community and Economic Tax Credit, Alberta Investor Tax Credit, Scientific Research and Experimental Development Tax Credit.
End education and tuition tax credits.
Repeal the city charters for Edmonton and Calgary and put a new Local Government Fiscal Framework Act in its place.
Suspend indexation of tax brackets for income tax system, saving the government at least $600 million by the end of 2022-23 fiscal year.
Read 10 tweets
So from the official Finance spokesperson the motivation for switching investment managers is: “reduced investment costs and, therefore, higher expected investment returns.” Straight up admission that AIMCo can’t provide a better gross investment returns. #abteachers
Their impact would be by reducing costs and therefore (hopefully) increasing the net investment return. Sorry this is going to be a long thread. #abteachers #ABbudget
I will say that AIM Co would probably be able to reduce investment costs by maybe 5 basis points.
Success would then be predicated on AIMCo returning at least the same gross return as ATRF. Doubtful. Highly doubtful. Highly speculative. I will work on an analysis of ATRF returns vs LAPP (managed by AIMCo). Unfortunately, it is complicated by different year ends and the like.
Read 8 tweets
I was born to be a teacher. I always knew this was my path and my calling. 19 years with my board and 16 years in front of kids, and never... not one time...have I doubted or regretted my choice. Until now. /1
The @ucp budget tabled by @jasonkenney is bad for teachers and even worse for kids. They expect teachers to plan for diverse learning needs, which are becoming more severe every year, meeting all curricular outcomes with less money for resources and probably no EA support in /2
an overcrowded classroom. I’m one of the lucky ones. My class doesn’t look like this.....not yet.

I’ll make due and will teach and love kids to the best of my abilities. I’ll teach to the average kids and hope the strong ones don’t stop learning because they’re bored /3
Read 13 tweets
The UCP is rationalising the cuts in their budget by saying Alberta is spending more than similar-sized provinces on things like education and healthcare and infrastructure.... 1/7
#AbLeg #ABbudget #KenneyCuts
There's a reason for that, you know. Things cost more in Alberta. Houses, food, tools, everything... contractors charge more. Wages are higher in areas like health care and education and construction because housing costs more, food costs more... 2/7
It's not comparing apples to apples when you line up Albertan expenditures with, say, Manitoban expenditures. In Manitoba, housing costs less, food costs less, and wages are lower, on average. 3/7
Read 7 tweets
hey #abpoli,

fighting back against Kenney's vicious austerity budget is going to take more than a few rallies outside the Legislature— it's going to take a strategic resistance movement grounded in social movement theory.

time to build the curriculum👇🏼📘

here's what i'd include, in no particular order:

No Shortcuts: Organizing for Power in the New Gilded Age— Jane McAlevey
Labor and the Environmental Movement: The Quest for Common Ground— Brian K. Obach…
Read 24 tweets
Today I stood with Calgarians to talk about how Jason Kenney's bait-and-switch budget will hurt them.

Here's the list we have thus far: <thread>

#ableg #abbeyroad #thecostofKenney
2/ Calgary Cancer Centre: The UCP budget pushes back funding to build the Calgary Cancer Centre. Proponents say the delay signals a high likelihood the hospital will open short-staffed and under-funded. #abhealth #yychealth #ableg #abbudget
3/ Education Property Tax: Early estimates from the @cityofcalgary show the UCP is withholding $15.5 million in Education Property Tax revenues collected by the province. Mayor @nenshi thinks this will mean property tax increases of more than 1% next year. #yyc #abed #abbudget
Read 9 tweets
Suckers. Albertans still mooing about Trudeau who's done nothing but invest in this province time & time again. But how could you know? You read nothing but memes posted by suckers for suckers. Can they trick you into blaming Trudeau for *this*? Course they can #abpoli #cdnpoli
In Alberta, Canada gets to see what a disaster a Scheer government would have been. Kenney's first act as leader was to give enormous taxcuts to already wealthy oil companies that went on to lay off more Albertans anyways /2 #abpoli #cdnpoli #KenneyCuts…
Kenney waited for the election to announce cuts that'll cripple this province. A voting majority of us'll be easily manipulated into blaming Trudeau for the pain they will inevitably feel from this because most of them, most of YOU, are suckers /3 #abpoli…
Read 27 tweets
This Alberta Budget is a disaster for Indigenous people. On the surface it's a 19% reduction to Indigenous relations. But in reality, because 50% of the budget is flow through money - not government money, the actual cut is 36% to services to Indigenous people. #ableg #abbudget
A complete elimination of the Indigenous Climate Leadership Program. 100% gone. A program that was accessed by all 48 First Nations and all 8 Metis Settlements. It was a clear reflection of Indigenous values on the environment and now its completely gone. #thecostofkenney
And to add injury to injury, I noticed that in the Ministry of Environment and Parks, they reduced the Regional Cumulative Effects Management budget by 40%. So if any Nations are concerned about the effect of development on their land base, there will be no evidence available.
Read 6 tweets
BREAKING: Alberta budget 2019: Cities, universities, civil servants feel the fiscal pain #ableg #abpoli #ABbudget…
The United Conservative Party government’s inaugural budget will reduce the size of Alberta’s public service by 7.7 per cent in four years, but fail to stave off the province’s rising debt, which is projected to hit $93.3 billion by 2022-23. #ableg #abpoli #ABbudget
By the end of March 2020, the budget projects 824 fewer full-time government jobs and 764 fewer jobs at post-secondary institutions and government agencies, like the Alberta Energy Regulator. #ableg #abpoli #ABbudget
Read 17 tweets

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