For years under a #Conservative Dominance, they managed to reduce royalty almost on a daily schedule.

@Ron Liepert took the mike and told the world that “as of today, we will not be collecting any more royalty, that, right folks zero royalty”

So the years have passed and multi-billions of dollars were forgiven to royalty. Until I posted much like this scenario on #Linked In which case, Shell wrote Alberta a Cheque for 75 million dollars which Kenny ploughed most back into the production industry in Alberta. I don’t know what happened in Saskatchewan but I would guess, much the same scenario.

This is standard fare for Conservative Governments. They make money for no one other than their insiders.

(additional Info)

Alberta’s first provincial election was called for November 9, 1905, with A.C. Rutherford’s Liberal Party winning 23 of the 25 seats. On March 15, 1906, Lieutenant Governor George Bulyea addressed a crowd of 4,000 at Edmonton’s Thistle Curling Rink, officially beginning Alberta’s first session of the Legislative Assembly. As part of the business for the day, Charles Fisher, MLA for Cochrane, was elected Speaker.

Soon after the election, Arthur Sifton resigned to become a Member of the Union Government in Ottawa, and Charles Stewart took over the leadership of the Liberal Party. Falling grain prices and the inability to finance all the proposed irrigation projects in southern Alberta resulted in waning support for the Liberals. By 1921, farmers were looking for someone who would better represent their interests.  #Sounds a lot like what is going on today, doesn’t it?

Time moved forward a century and we come upon #Kevin Taft and his #wife who jointly ran the Liberal party in Alberta some say his wife ran it and he followed.  The Liberal party ended up with 700 million dollars in debt. During his last election, Stelmach was his opponent #Taft made a deal with the Devil!  #The 700  million in debt magically disappeared!  He threw the election by not putting any energy into the debate which would have secured him the Government. 

In return at the 11th hour, Taft appeared to try to change the agenda of the very popular lack of royalty debates into some nonsense that had nothing to do with the election.   The only companies in Alberta at that time who could put up that amount of coin were the #oil companies.  #It is safe to assume they sold their soul at that point in time.

The Alberta NDP gained rapidly in popularity.  So much so that it is apparent now that it caused the Conservatives to parachute Raj Sherman into the Alberta Liberals where he took over leadership which can only be seen now as pre-arranged.  The oil was busy setting up the Wild Rose Party and the Alberta Party simultaneously.  #Wild rose was to play the #ugly sister to #Redford thereby securing the Conservative Government and giving false hope for change to a #frustrated and #largely uninformed #Albertan.  #The Alberta Party was to split the vote on the left #making sure there was no chance for an anti-Conservative Government.  Will they evolve, stand on their own two feet and join with the NDP?  Time will tell.

Now, mostly due to my efforts I’m ashamed to say, the #Liberals were in a position the pick up the #new votes in Alberta, possibly putting them into Government instead of a comfortable opposition for the Conservatives.

So at the 11th hour, supposedly too late to change anything, Raj did his swan song leaving the Liberals leaderless and his riding wins immediately fall away to the #Federal Liberals.  I have to wonder if #Trudeau knows what he is getting in bed with!  

#Blakeman is coasting with her head down.  I’m suggesting she is a #wasted vote.  If she is really true to her ideals she will join the #Alberta NDP.  The #Liberal manipulations go way beyond what trust can handle.  It’s really too late for them now.

We #compare Alberta to Norway.  Norway has hundreds of billions in the Bank and is Europe’s Bankers  Every cent of this money was put there by #Socialist Governments. Not the marching boots the Conservatives would have you believe.

They promise and deliver a university education to their adults; for free.  That is socialism!  Having the smartest population in Europe, they turn out 70% of their population for every vote!  They keep their #Governments Honest.

#Ahead of us we have the bulk export of water to the US.  With the Conservatives, as with the oil #you will pay for all the construction and the companies holding the export permits (royal bank example) will pick up the profits. You won’t be able to live here because you can’t afford it.  Alberta already has the largest percentage of working poor in Canada!   You can change this with a vote!

Vote rules have changed to favour the Conservatives
Make sure you are on a voters list then, your life depends on it, vote!
And, if you want a change for the better; vote NDP!

Some History:
Email sent to the Alberta Liberals 3/20/2013
Subject Not so small crisis! Personal attention of Raj Sherman.

Message:

When Mr. Taft deliberately threw that election with 3 days left to go; the Alberta Liberals were some 700 thousand dollars in debt.   After he threw the election you were debt-free.

It doesn’t take a genius to point out you were bought off by the oil people!

It has now crossed my mind that It is your party, as much as the Alberta Party who are in place to split the vote to the left.

Now, If I am wrong please tell me.  Your actions or non-actions would show that I am very correct in this
No response given

The US Republicans brought the Conservatives into Canada in 1906 in southern Alberta, Cardston. The LDS church was the vehicle. It was at this time and still is a religious minority who is running the party.

They control our education systems and generally desegregate them. Kids struggle to get to grade 12 then discover another 2 years of grade school ahead of them if they wanted to go to University.

They have a US orientation in most things. This means any contests that come up between the US and Canada are by default given to the US. The Conservatives and the US republicans remain in close contact.

When elected into Government they are artists in downloading costs to the provinces who in turn download costs to the cities and towns where the cost is covered in local tax increases.

All this time they are saying they are curbing spending by the previous government.

They do not involve themselves in getting new foreign trade and many times destroy connections which were set up by a previous government!

Stay away from religious minorities! Stay clear of the @Conservatives.

Telus are primitives’ when dealing with your cell phone problems, mindless at best.

Don’t go near them! More details to follow. @Telus #Telus

Kenny has set about buying his next election! Don’t be fooled.

Kenney has put in his election financial package. Health care took a hit with the door open to private health care! The high increase in oil price came after I put a blog up on Linked In pointing out we were actually paying the oil companies for taking our oil. So, after 10 years of getting nothing, paying the oil companies to bring our oil, Kenney puts on a cheap flashy plan but no mention of royalties. So long as there are high oil prices he will dole out money like it was a favour.

There is still no royalty structure so money is handed out as a personal favour by the UCP.

Carving off 1.5 million for a Red Deer hospital, came as an outright move to buy votes and, it didn’t make a dent in revenue on the oil prices. don’t make a small dent in the amount of profit the province will make.

One way or another the surplus revenue will be given to the oil companies!

THURSDAY, JANUARY 15, 2015

Weatherford Project detailed.

First Published SUNDAY, APRIL 01, 2012  
Weatherford Project was the start of a gigantic transfer of water to the US. The whole program is adequately explained here: NAWAPA  (Credit to Richard Weatherhill)
https://www.youtube.com/watch?v=ERq86OlS-_k  This video is a US concept shown in its best light bought into wholeheartedly by the Harper and Prentice Conservatives.
The *Conservative Government has a fully mechanically engineered project sitting on their shelf from the 1980s.  It is as valid today as when it was paid for. Harper has removed the Navigable water protection from the River making it all possible.  It’s in play now!
This is the Weatherford project, the design being to move up to 2/3rds of the flow of the Peace River into the USA! 
#The project has 8 large electrical lift stations in it, each one using the power of a large city.  This is immense and under a Conservative Government taxpayers will pay for the infrastructure and private companies will take home the profits.
Under a “good” Liberal Government the price of construction would be carried by those who need the water, not those who supply it.  Think here of our present electricity debacle!
The government’s direction will be handled by private industry and paid for by the Alberta Taxpayers.
For those of you in southern Alberta; the St. Mary’s system and involved in the Western Irrigation District; Did you sign up for this?  Many of you were kicked off the board while others with cash were able to buy rock piles so they could claim adjoining property thereby being put on the board.
Mike Cardinal reworked the Western Irrigation board while he was selling off Crown Grazing Lands on the East Slope of the Rockies to the Agra Food Industry.  Rules of water ownership run First in Line, First in Time and these properties are where all of our groundwater used for drinking originates!

© Provided by Global News Former Bank of Canada governor Stephen Poloz speaks in Toronto on Thursday, March 5, 2020. Statistics Canada is scheduled to release its latest reading on the country’s job market this morning. THE CANADIAN PRESS/Chris Young

With inflation becoming a regularly politicized topic as debates over the cost of breakfasts rule the day, the former Bank of Canada (BoC) governor says there can’t be anyone on the political spectrum who deserves blame.

Speaking to Global News’ Abigail Bimman on The West Block regarding the upcoming fiscal update, Stephen Poloz, now a special adviser at Osler and former governor of the BoC, said that Canada’s ability to navigate the pandemic with results that weren’t far more drastic economically should be commended.

“Aren’t we lucky that the policies worked well to prevent the second Great Depression, which is what many economists were worried about when we first encountered the COVID-19 shock,” Poloz said.

Read more:

Liberals under pressure to balance budget and policy ask in fiscal update

However, he added that while Canada chartered a path towards recovery amid concerns of deflation with debt that could’ve potentially caused a depression, now is time to continue focusing on growth.

“People want to be reassured that the fiscal plan is a sustainable one,” said Poloz. Given the rising costs Canadians are facing, they’re going to want to see a plan that will ease tensions, he added.

What a changing climate means for the future of olive oil

Click to expand

Finance Minister Chrystia Freeland’s fiscal update is set to be similar to those that were released following the 2015 and 2019 elections, according to Reuters. The update is expected to touch on COVID-19 support for businesses and continue to chart a path for recovery during the pandemic.

“[A plan] that perhaps begins the [economic] return to a place where we’ll know we’ll have some room to maneuver should another big shock occur,” Poloz said.

Read more:

Bank of Canada holds key rate, warns high inflation to persist into 2022

Poloz mentioned that he, along with other Canadians, will be looking to see where the deficit in the debt plan fits in if there will be new taxes that could hamper economic growth and what will happen to internal trade barriers between provinces. He added that one temporary increase he would look to that would not slow growth, but rather support the Canadian economy, is an increase in sales tax.

What could slow growth, he said, was if there are more lockdowns due to further complications with the COVID-19 pandemic as new variants emerge.

“My sense is that economic growth, once we’re past the bust and recovery of the COVID shock, the trend rate of growth of the economy is actually going to be fairly modest,” he said.

According to the BoC, inflation, as measured by the consumer price index, has been higher than the Bank’s 2.0 percent target. The BoC said that supply constraints have affected the price of goods with inflation in 2021 hitting 4.4 percent. The steep rise in inflation in one year is unprecedented given the data from before the pandemic, where during a span of 20 years, it only averaged 1.4 percent.

Poloz said that inflation is often a slow-moving process over several years, but the sharp rise in costs is an indicator that it is likely coming from “temporary factors.”

According to the Bank of Canada website, the steep inflation increase has been due to “strong demand combined with disruptions in supply” leading to “higher costs for businesses and higher prices for consumers.”

Video: Consumer Matters: Big increase predicted for food prices in 2022

On Dec. 9, the BoC’s deputy governor Toni Gravelle in a speech said the central bank remains “resolute in its commitment to keep inflation under control” in Canada.

With Canadians paying more at the grocery store now than a year ago, Poloz mentioned that any measures used to curb inflation need to be well thought out, as we don’t know the extent of what is happening.

Read more:

Bank of Canada sees no clear end to supply chain issues

“We’re in the zone now where fine judgments have to take place,” he said. “We won’t know really what inflation is for about another six or nine months.”

Since the pandemic began in March 2020, the BoC has kept the key interest rate at 0.25 percent, and announced recently they will maintain that price. However, they have signalled potential increases in 2022.

Poloz said that with the Canadian economy trending in the right direction and “mostly back to normal,” raising the key benchmark rate is something that should be considered, albeit not right away.

“It is time for everything to normalize — prices, interest rates, all those things,” said Poloz. “It’s no longer necessary to have really, really low-interest rates.”

Poloz added that the data that comes out regarding inflation and the continued COVD-19 economic recovery should serve as the driving points to where the key benchmark rate will end up.

From <https://www.msn.com/en-ca/news/canada/politics-not-to-blame-for-inflation-former-bank-of-canada-governor/ar-AARJM4f?ocid=msedgdhp>