August 25, 2016

Alberta Fiscal Update: 3 hidden costs of Notley NDP’s reckless borrowing

Sheila Gunn ReidRebel Commentator
 

Chronically inept Social Worker turned Finance Minister Joe Ceci released Alberta's first quarter fiscal update this week, revealing that the province will plunge even further into debt than was already predicted despite the recent jump up in oil prices. 

This year the Alberta Government will borrow $12 billion and carry a deficit of nearly $11 billion. The worst part? Just servicing the debt will cost the province $1 billion this year.

Alberta will pay $1 billion for interest and other fees because the NDP are borrowing money and getting Alberta's credit downgraded like it's going out of style. That money is just gone without a single thing to show for it.

Watch my video to see what $1 billion could do if it were spent on infrastructure, education or healthcare instead of the province's credit card.

When you're stuck for hours in a traffic snarl, or sitting for eons in a crowded emergency room, be sure to thank Joe Ceci and Rachel Notley. The NDP are why we can't have nice things.

Comments
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commented 2016-08-26 03:55:39 -0400
Ceci is Italian for chickpea…
‘Chronically inept Social Worker turned Finance Minister Giuseppe Chickenpea released Alberta’s first quarter fiscal update this week, revealing that the province will plunge even further into debt than was already predicted despite the recent jump up in oil prices.’
commented 2016-08-25 22:36:31 -0400
Something stinks here. I think its that asshole Brian Topp somewhere around the edges.

Ceci might be able to handle a bake sale.

DJBT, the voice and ugly and uglier
commented 2016-08-25 19:57:29 -0400
You can’t blame joe. He has no background in finance. He’s a puppet, like Justin
commented 2016-08-25 18:46:40 -0400
The “toothless wonder” strikes again. How this guy can even walk with that swollen head of self importance, sure makes you wonder. A social worker for a finance minister. That’s like Jethro wanting to be a brain surgeon!
commented 2016-08-25 18:14:18 -0400
When this unnecessary dipper rein of economic terror is over, we really do have to indict and prosecute.
commented 2016-08-25 17:51:44 -0400
Going to be a long year for the replacement government – undoing all of this and cancelling legislation the dippers created will take some hard work.
commented 2016-08-25 17:26:36 -0400
Thanks SGR!!!

Global economic collapse should finish off what is left of Alberta.
commented 2016-08-25 17:20:36 -0400
These facts and figures

Leftard gremlins in my I pad too !
commented 2016-08-25 17:18:55 -0400
Thanks for th she facts and figures SHEILA