Posted on Mar 21, 2018

UCP plan absent – analysis shows $5 billion dollar hole

UCP Path to Balance with Revenue Implications of Proposed Tax Reforms

EDMONTON – Opposition members have raced to release so-called “shadow budgets,” but there was one glaring absence – the plan proposed by the UCP caucus and leader Jason Kenney.

Analysis[1] shows that policies proposed by Jason Kenney and the UCP would leave a $5 billion dollar hole in Alberta’s finances. These plans include a $700 million dollar tax break for the top 1% of income earners, and eliminating the carbon levy.

UCP finance critic Drew Barnes has made it clear that the UCP has no intention of releasing its own budget.

Given these spending commitments, the UCP must answer what they would cut to make up the $5 billion dollar shortfall. The UCP’s own draft policy document[2] indicates that healthcare and education are on the chopping block.

Albertans deserve to know exactly what Jason Kenney would cut to finance his ideologically-driven priorities.

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[1] Analysis, UCP Path to Balance with Revenue Implications of Proposed Tax Reforms

[2] UCP Member Policy Declaration (Constitutional Document 2), version 1.0. November 27, 2017.