According to NDP Minister of Finance Joe Ceci’s fiscal update, it looks like economic growth in Alberta will contract by another 1.3% from the 1.4% projected in the budget.
Citing Fort Mac wildfires and low oil prices, Ceci avoided criticism of bad NDP policies by saying corporations and wealthy people will be paying extra to dig Alberta out of the hole.
Watch as I make the connection to bad NDP policies that Ceci left out of his explanation for why Albertans will continue to struggle in a bad economy.
Even worse, when asked what the ceiling was for government spending, or debt to GDP ratios, there were no answers.
Joe Ceci said today that there are plans for diversifying the economy in order to minimize dependance on oil, but it’s clear that the real problems lie within the Notley NDP’s destructive policies and reckless spending habits.