Or more specifically, there is far more at play regarding inflation than just wages.
Tag: economy
It seems as though I can’t go anywhere online lately without someone complaining that the NDP shut down the oil and gas sector in Alberta. But how true is that claim?
University of Calgary economist Jack Mintz is at it again, posing as a newspaper columnist in a right-wing rag, while parroting neoliberal talking points to prop up out-of-context data.
The province also went from third highest in wholesale sales to fourth highest.
It’s true that capital investments dropped under the NDP, but there’s something you should know about those numbers.
During the UCP’s first 2 years in Alberta, business investment hit both its lowest level and 3rd lowest level in 15 years.
At least 6 cabinet ministers, the premier, and 1 UCP MLA were pretty stoked about the announcement.
Alberta has the highest unemployment rate outside of Atlantic Canada, and it hasn’t decreased despite there being more people working.
In the last 5 years, disposable income among Alberta households grew by less than 3%, the lowest rate in Canada.
The UCP’s goal to have a $714 million surplus by 2023 seems to be drifting further and further away.