Business

OP/ED: Spending is to blame for Alberta's $10.8 billion deficit

This year’s deficit is expected to top $10.8 billion.

The Alberta government could have posted a small budget surplus this year if successive governments had kept program spending increases in line with population growth and inflation, finds a new study released today by the Fraser Institute, an independent, non-partisan Canadian public policy think-tank.

But Alberta’s new government is continuing its predecessors’ trend of rapid spending increases, which has seen nearly uninterrupted deficits in the province since 2008/2009 — even during years when oil prices were at historic highs.

Column: Work Less, Live Better

Column:  Work Less, Live Better

Since the 1950s, almost everything about work in the developed world has changed dramatically. Rapid technological advances continue to render many jobs obsolete. Globalization has shifted employment to parts of the world with the lowest costs and standards. Most households have gone from one income-earner to at least two. Women have fully integrated into the workforce, albeit often with less-than-equal opportunities, conditions and pay.

Credit unions to keep special tax status one more year

According to Finance Minister Michael de Jong the change will be introduced Feb. 21 as part of Balanced Budget 2017.

B.C. credit unions will keep their preferential tax advantage a little longer as the provincial government intends to pause for one year the phase-out of the tax advantage credit unions have enjoyed.

The change will be introduced Feb. 21 as part of Balanced Budget 2017, Finance Minister Michael de Jong announced Tuesday.

New modern liquor laws create new opportunities

Regulations come into force Monday, January 23.

An updated Liquor Control and Licencing Act and regulation come into force Monday, January 23, that will create new opportunities for businesses, increase convenience for consumers and enhance the Province’s commitment to social responsibility.

“We’ve come a long way since we first began the process of updating B.C.’s antiquated liquor laws," said said Coralee Oakes, Minister of Small Business and Red Tape Reduction and Minister Responsible for the Liquor Distribution Branch.

A New Gold Rush in Rossland

The interior of the new Gold Rush, on Washington Street.

It's already open.  Many of us have already wandered in, admired the new  interior look and bought a book or two.  Several people have admired the modest selection of yarn tucked into a back corner, and others have succumbed to the temptation of fudge, or a new variety of tea.

Get Ready for Rossland's Winter Carnival!

Photo by Larry Doell

There will be non-stop fun at the Rossland Winter Carnival -- the longest-running such event in Canada, it's been happening every year since 1898. With so much going on, people will wish they could defy the laws of physics by  being in more than one place at a time.  Here's a smattering of the events.

Museum Renewal Project gets a boost from Spirit of Red

The Spirit of Red Social Club supports the Rossland Museum Renewal project with a  donation of $2000 to help close the funding gap needed for Phase I

The Rossland Museum & Discovery Centre (RMDC) has received a generous donation of $2000 from the Spirit of Red Social Club to close the funding gap needed to proceed with Phase I construction.

Business group lobbies for $40,000 feasibility study for bridge from college to downtown area

Conceptual rendering of proposed bridge across Columbia River.

A coalition of downtown business owners wants a $40,000 feasibility study for a pedestrian/bicycle bridge spanning the Columbia River between Selkirk College and Zuckerberg Island.

At its regular meeting Monday night, city council was asked to contribute $10,000 to the initiative. Presenter Jackie Letkeman told council that CBT has offered a verbal commitment to fund half the study, while Selkirk College would add a “modest  contribution”.

Also presenting on behalf of the group was Dr. Sandy Battista, owner of Head to Toe Holistic Health Clinic.

Celgar donates ambulance to Ootischenia Fire Department

In the photo attached taken at Celgar today, left to right are:  Mark Goebel: Celgar Health & Safety Manager, George Hamm: Celgar employee and Ootischenia fire chief, Kevin Anderson: Celgar Managing Director, Len Coates Celgar employee and Ootischenia fire deputy fire chief, George Seigler Regional Deputy fire chief.

Last year Celgar’s Health and Safety department, headed by Safety Manager Mark Goebel, made the decision to upgrade Celgar’s onsite Emergency Transport Vehicle.  Although not used frequently, the 1991 ambulance has served Celgar well for approximately 20 years to transport patients to medical aid when required. 

Money makes the world go around

It appears for politicians, time is money.

After 15 months on the job, Prime Minister Justin Trudeau is embarking on a cross-Canada tour, ostensibly to reconnect with Canadians or at least those that can't afford $1,525 to bend his ear in private.

It seems Trudeau – and other federal cabinet ministers – have a fondness for political fundraising events held behind closed doors, far away from prying eyes.

In political slang better known as cash-for-access, not to be confused with its kissing cousin pay-to-play.

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