25 February 2016
CALGARY, AB - February 25, 2016 - Alberta Party Caucus Leader Greg Clark has released a debt affordability analysis and recommendations for the Government of Alberta’s fiscal sustainability.
“Albertans expect more from this government,” said Clark. “If the NDs are going to be borrowing tens of billions of dollars, they need to do a deeper analysis of the costs of borrowing and show Albertans a clear plan to pay it back.”
The Alberta Party Caucus debt plan recommends the following:
1. Always use the most conservative figure available for forecasting purposes
2. Eliminate borrowing for operational spending
3. Develop and implement a debt affordability analysis to be incorporated into the annual budget which includes a detailed analysis of different scenarios based on key metrics like debt to GDP, debt as a percentage of revenues and other measures
24 February 2016
EDMONTON, AB - February 24, 2016 - Alberta Party Opposition Leader Greg Clark is deeply troubled by the ND Government’s lack of action on operational spending and sees a big risk of future credit rating downgrades from Alberta’s historic anticipated budget deficit.
“The fact they have no plan to curb operational spending is contributing to an unprecedented projected $10.5B budget deficit,” said Clark. “There’s no question Alberta is on track for further credit rating downgrades.
More troubling, Clark expressed concern that this year’s deficit was artificially lowered substantially because a significant amount of capital spending is unable to be deployed, noting the third quarter fiscal update deferred $948 in capital spending to future years.
10 February 2016
CALGARY - February 10, 2016 - Alberta Party Opposition Leader Greg Clark has little hope that the ND government will fully implement the recommendations found within the recently released Auditor General’s report.
“It may be a new government but it seems nothing has changed behind the scenes,” said Clark. “This is especially true with the troubling findings about the Disaster Recovery Program. The same people who made a mess of DRP have been asked to fix it.
“Why should we expect anything to be different next time?”
Clark said that two and a half years after the flood hundreds of people are still struggling to close their DRP files.
29 January 2016
CALGARY, AB - January 29, 2016 - Alberta Party Opposition Leader Greg Clark is pleased the government listened to the advice of the expert panel, and accepted many of the key recommendations of the Alberta Party royalty plan.
“Just like in our royalty plan, the panel has found that Albertans are getting a fair share from oil and gas royalties, and that our royalties today are globally competitive,” said Clark.
13 January 2016
CALGARY - January 13, 2016 - Alberta Party Leader Greg Clark is pleased to see that his motion, though not debated in the house, has been taken seriously by the Minister of Education.
“My motion was on the order paper this past session, and I was able to share my concerns with the Minister many times during the fall sitting,” said Clark. “I was proud to argue for my motion, stating that Alberta's Minister of Education needs to step in to impose a uniform policy on any board that does not full implement Bill 10, including an acceptable sexual orientation and gender identity and expression policy, and included a firm deadline of March 31, 2016.”
12 January 2016
CALGARY AB - January 12, 2016 - Understanding the total value Alberta's energy industry delivers to Albertans beyond just royalties and creating policy that attracts investment even in challenging times is key to creating sustained prosperity in Alberta, says Alberta Party leader Greg Clark.
The complete document, entitled Sustaining Prosperity can be found here.