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Municipal funding slashed by Kenney: What projects/services will get cut?

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  • #31
    Originally posted by Drumbones View Post
    The more we save the more we can send to your province PRT.
    meanwhile in Quebec, they pay the highest taxes and still get the equalization payments that Harper and Kenney worked so diligently on a new funding formula.




    Advocating a better Edmonton through effective, efficient and economical transit.

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    • #32
      Originally posted by Edmonton PRT View Post
      meanwhile in Quebec, they pay the highest taxes and still get the equalization payments that Harper and Kenney worked so diligently on a new funding formula.
      As much as Alberta feels hard done by the equalization payments the topic of the royalties the province has received over the past 3-4 decades and whether it should have been higher and also how those royalties were spent rather than invested for the future has never been adequately addressed. So much for all those decades of Conservative hegemony.
      Did my dog just fall into a pothole???

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      • #33
        Calgary, Edmonton LRT projects could be cancelled with 90 days’ notice, changed by minister

        https://globalnews.ca/news/6104435/c...t-uncertainty/
        A clause in the UCP’s Bill 20 could give the provincial government an out when it comes to funding Calgary’s Green Line and Edmonton’s West Valley Line LRT projects.

        The clause allows the Lieutenant Governor to end a funding agreement with either city with just 90 days notice, “without cause.”


        Bill 20 also would allow Transportation Minister Ric McIver to “modify or impose additional terms and conditions prior to approving” any proposed changes to the transit projects.

        Don [email protected] Follow @doniveson
        Twitter
        While I was happy the Premier reiterated his commitment to maintain Valley Line West LRT funding, provisions outlined in Bill 20, such as the option to cease funding w/ only 90 days’ notice, are concerning. They create uncertainty for construction workers, investors & commuters.
        Advocating a better Edmonton through effective, efficient and economical transit.

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        • #34
          Recall all the hyperventilating over the royalty review?



          Learning from the past: fallout from the 2007 Royalty Review Panel | Fraser Institute

          “In its Royalty Review, the Notley government would do well to review data showing the impact of the Stelmach governments 2007 review process on the perceptions of senior executives in the oil and gas industry with regard to Alberta’s attractiveness for investment. The 2007 Royalty Review and successive changes were immediately reflected in declining perceptions of investment attractiveness of the province in Fraser Institute’s annual Global Petroleum Survey. A more general lesson that can be learned both from the petroleum survey and the institute’s annual Survey of Mining Companies is that when governments inject uncertainty into markets, perceptions of investment attractiveness in that jurisdiction suffers.”

          https://www.fraserinstitute.org/arti...y-review-panel


          ‘Woe is Us’: Oil Industry a Hot Mess After NDP Alberta Victory | The Narwhal

          ““It’s a clear and material negative,” Martin Pelletier from TriVest Wealth Counsel Ltd. opined. “Just when we’re starting to look like we’re recovering here, we get another layer of uncertainty.”


          Jeff Gaulin, vice president of communications at the Canadian Association of Petroleum Producers, Canada’s largest oil and gas lobby, echoed those concerns, saying a change in Alberta’s royalty regime would be dangerous for industry.

          “Now is not the time for a royalty review,” he told Reuters. “The uncertainty that that would create for investment would jeopardize jobs in Alberta.” ...

          https://thenarwhal.ca/woe-us-oil-ind...r-ndp-victory/
          Last edited by KC; 31-10-2019, 06:56 PM.

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          • #35
            https://globalnews.ca/news/6104868/c...sed-next-week/

            Potentially on the chopping block:
            -Lewis Estates Rec Centre & Library
            -Downtown Central Park
            -Jasper Ave streetscape renewal
            -Quesnell Bridge roadwork
            “Son, one day this will be an iconic structure shaping Edmonton’s skyline.”

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            • #36
              https://edmontonjournal.com/news/loc...s-get-underway

              The following are a list of motions city council withdrew from the operating and capital budgets following the reductions in funding from the provincial budget. The motions have been withdrawn but can be reexamined during budget deliberations.
              Operating budget motions:
              • Police service cannabis legalization service package increase of $5.5 million
              • Citizen services budget increase of $3.5 million
              • Annual increases to Arts Common 118 by $2.5 million in 2020, $1 million 2021, $2.5 million in 2020
              • Edmonton Transit budget increase by $1.6 million in 2020, $1.5 million in 2021
              • Community and Recreation Facilities Branch budget increase by $150,000 in 2020 to help efforts to host FIFA World Cup in 2026


              Capital budget motions:
              • $2.3 million to fund Rollie Miles Leisure Centre
              • $1 million increase to fund various baseball diamond enhancements
              • $1.5 million increase for an urban tree canopy project
              • $39.3 million increase to fund Valley Zoo natures wild backyard 2
              • $7.3 million increase to fund Londonderry artificial turf project
              • $800,000 increase for dog park projects in or near Summerside and in West Edmonton
              • $15 million for a four-lane widening of Parsons Road
              • $2.5 million increase for planning and design for 66 Street widening
              “Son, one day this will be an iconic structure shaping Edmonton’s skyline.”

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