I don't know if Alberta is like Ontario, but here in Ontario over the last 3 decades the province has slowly been reducing how much it transfers to cities while also offloading more expenses onto those cities.
This has resulted in:
higher house prices as cities have needed to start adding large fees to house building in-order to help balance the books (and raising property taxes is always very unpopular)
worse public transit as the provinces now expect cities to take on more of those expenses.
And likely other things too. But those are the ones always on my mind
Alberta voted in a government who ran on balancing the budget through the magic of oil prices. Only a couple short years later, all of our public services are in crisis mode and the budget is worse than ever before because the price of oil didn't meet their projections. But hey, at least they got rid of that annoying photo radar thing, so you can let off some steam via road rage if the O&G market has got you feeling down. Bonus points if you run over any cyclists or trans kids.
Looking forward to 40 more years of backwards bullshit in this province.
Well, on the upside, I'm sure the middle east literally and figuratively exploding into a war zone will drive prices up in the near future. If Iranian counter-attacks take out Saudi and Emirati oil fields it will probably send oil way up.
14 Comments
kent_eh@lemmy.ca · 12 pts · 172d
It's almost like basing your entire economy on one single commodity is an incredibly short sighted choice.
nomecks@lemmy.wtf · 9 pts · 173d
I'm sure deferring maintenance and causing two $billion+ main watermain breaks in Calgary had nothing to do with it
BinzyBoi@piefed.ca · 2 pts · 172d
Nomecks@lemmy.ca · 2 pts · 172d
A bunch of city funding comes from the province.
BinzyBoi@piefed.ca · 3 pts · 172d
Nomecks@lemmy.ca · 3 pts · 172d
Yeah I was getting at the fact that they're underfunded.
Knoxvomica@lemmy.ca · 1 pts · 172d
The report from the city actually found they were underspending on risk analysis and mitigation, not that they were underfunded.
joshhsoj1902@lemmy.ca · 2 pts · 172d
I don't know if Alberta is like Ontario, but here in Ontario over the last 3 decades the province has slowly been reducing how much it transfers to cities while also offloading more expenses onto those cities.
This has resulted in:
And likely other things too. But those are the ones always on my mind
yardy_sardley@lemmy.ca · 7 pts · 172d
Alberta voted in a government who ran on balancing the budget through the magic of oil prices. Only a couple short years later, all of our public services are in crisis mode and the budget is worse than ever before because the price of oil didn't meet their projections. But hey, at least they got rid of that annoying photo radar thing, so you can let off some steam via road rage if the O&G market has got you feeling down. Bonus points if you run over any cyclists or trans kids.
Looking forward to 40 more years of backwards bullshit in this province.
Alloi@lemmy.world · 3 pts · 172d
im sure as a separate nation they can stand on their own two feet, considering their vast oil reserves...
like venezuela!
/s
ILikeBoobies@lemmy.ca · 1 pts · 172d
They're planning for the US to pay off their debt when they join them.
dudesss@lemmy.ca · 3 pts · 172d
Buy a good Canadian company bike
CanadianMade@lemmy.ca · 2 pts · 172d
That’s some good planning there Lou.
GreenBeard@lemmy.ca · 2 pts · 172d
Well, on the upside, I'm sure the middle east literally and figuratively exploding into a war zone will drive prices up in the near future. If Iranian counter-attacks take out Saudi and Emirati oil fields it will probably send oil way up.
Pyr_Pressure@lemmy.ca · 1 pts · 171d
They've closed the straight of Hormuz which transports 20% of global oil.
FiniteBanjo@feddit.online · 1 pts · 173d
Lol