The Alberta budget boils down to: 'we're going to spend our way into oblivion; we don't know exactly how we're going to make all the money go away, but with a lot of happy, happy, joy, joy thoughts everything will be okay.'
I did like the $50/carton tax on cigarettes. The smuggling business in N. Dakota and Montana should boom.
Just in case anybody thinks I'm being hyperbolic.
From the Edmonton newsrag:
"Officials did not have details on what projects that funding would go towards....
“I’m confident in the plan we’ve built,” the Finance Minister said.
Close to 60% of the debt they plan to incur is for 'unspecified' projects. This is from. Gov't that exempts a portion of their salaries from taxes an, provides free cars and gives a fuel allowance
