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Canadian Taxpayers Federation Alberta Debt Clock touDrumheller

 STOP THE CLOCK ON DEBT: WILDROSE AND CTF DEMAND A RETURN TO BALANCED BUDGETS

Drumheller/Stettler, AB (July 15, 2014): With the provincial debt spiraling out of control, Wildrose MLA Rick Strankman is calling on the PC government to stop burying future generations under a mountain of debt by immediately implementing the Wildrose 2014-15 budget recommendations.

Strankman took the Canadian Taxpayers Federation (CTF) Balanced Budget and Debt-Free Alberta Pledge today when the CTF’s Alberta Debt Clock tour stopped in Drumheller and Stettler.

 

Pledge

“This PC government continues to show it is tired and out-of-touch with the interests of ordinary Albertans. Even with the government boasting about record resource revenues, they continue to put the future prosperity of Albertans at risk by piling up the red ink,” Strankman said. “Despite claiming a surplus budget last year, government expenditures exceeded revenue by $2 billion, pushing the provincial debt to $10 billion.”

According to the government’s own budget documents, the debt will climb to $21 billion by the end of 2016 and Alberta taxpayers will be on the hook for $820 million in interest payments alone.

Strankman said that’s hundreds of millions of dollars that could have been invested in programs and services important to Alberta families, like more schools, permanent homes for children in care and help for those struggling with addiction.

“Under a Wildrose government, this kind of political gamesmanship with taxpayers’ dollars would come to an end,” Strankman said. “Not only will we balance the budget, we will immediately introduce legislation making balanced consolidated budgets mandatory, restoring transparency in the way deficits or surpluses are calculated, prohibit debt-financing and cap increases in government spending to the rate of inflation plus population growth.”

 

Posing in front of Alberta's accumulated debt clock.
Posing in front of Alberta’s accumulated debt clock.
Signing the CTF debt pledge
Signing the CTF debt pledge
 Proudly displaying the pledge.Proudly displaying the pledge.

 

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Rick Strankman is the MLA Elect for the Drumheller-Stettler riding of the province of Alberta, Canada, and also serves as the Wildrose Party critic for Tourism, Parks, and Recreation.

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