The capital strike against Alberta’s New Democratic Party government began the morning after the May 5 election. I know this because a private oil company on whose board an acquaintance sits cancelled plans that morning to go public. Several hundred millions of dollars that would have been transferred from investors to Alberta’s oil and gas […]
Low oil prices will slow Alberta’s gross domestic product growth
Former Bank of Canada governor to review province’s capital plan
The new government will spend an extra $624 million on education and healthcare and increase taxes on large corporations
The new Alberta government won’t bring in a full budget until the fall
New NDP government holds its first cabinet meeting
The PCs were toppled and the NDP now reigns, with the right-leaning Wildrose Party in Opposition. But more than 50% of voters chose conservative parties
News of the NDP win rippled around the world. But Alberta experts suggest there won't be a huge departure in business policies
New level of uncertainty concerning oil and gas royalties
The party’s platform sees higher rates kicking in for income over $125,000 and a new top provincial rate of 15% applying to income over $300,000