2024 federal budget gets mixed reviews in Alberta amid housing crisis

Federal Budget News

2024 federal budget gets mixed reviews in Alberta amid housing crisis
Affordability CrisisAlbertaHousing Crisis
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On Tuesday, the federal Liberal government delivered its 2024 budget with promises to help young Canadians.

Ottawa's newest budget is getting mixed reviews across Alberta , with many questioning how the proposed reforms will actually solve the affordability crisis in the province. THE CANADIAN PRESS/Jonathan Hayward.with promises to help young Canadians. The proposed $57-billion budget comes amid a stronger-than-expected economy and new taxes targeted at the wealthiest Canadians.

Alberta’s Finance Minister Nate Horner responded to the budget by saying that the federal government “poured gasoline on the inflation crisis in Canada” by overspending, overtaxing and over-regulating Canadians.Fire crews contain wildfire northeast of JasperHorner said the “excessive” spending is fuelling inflation and will harm young Canadians by increasing their debt and deficits.

“Ensuring Albertans can access the first steps of a national pharmacare program, covering diabetes and contraception, is vital to help them afford the medications they need.“And critically, investments to our province of their own tax dollars must flow without intervention from the province’s Gatekeeper-in-Chief. The Premier should be seizing the opportunities to invest in Alberta instead of standing in the way of these important investments.

However, she is disappointed that there is no mention of a permanent solution to how the federal government funds municipalities, which was a big ask from Calgary. The City of Edmonton’s 2024 Federal budget submission reflects the priorities that Edmontonians have asked us, as their elected representatives, to focus on: public safety, housing support, and economic development.

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