Kenney's budget takes from Albertans while giving to foreign-owned corporations - 2019-10-29
It will be hard to find an Albertan who isn't affected by the United Conservative Party's precarious financial plans laid out last week in one of the most regressive provincial budgets ever passed in Canada.
Alberta Premier Jason Kenney is cutting millions to municipal funding and universities, with plans to reduce the public service by 7.7% — what is expected to work out to 1,588 jobs. The budget also increases taxes on individual Albertans by cutting indexation, alongside credits and services for the most vulnerable.
The effects will be far-reaching across class, occupational, and regional lines. But one sector of the province will walk away laughing all the way to the bank – the large and mostly foreign-owned corporations that Kenney's big business corporate tax cuts will benefit.