Jason Kenney unveiled a party platform Saturday that projects tax cuts and a spending freeze would lead to a $714-million surplus by 2023
Mr. Kenney told supporters in Calgary that his plan doesn’t foresee any significant cuts to government spending and would instead be focused on stoking growth, by cutting corporate taxes by one-third and slashing regulations. If he’s elected on April 16, he repeatedly said he would have only three priorities: “Jobs, the economy and pipelines.
The UCP said that under their plan provincial debt in 2023 would hit $86-billion rather than the $101-billion expected in the Alberta government’s last fiscal update. Alberta had no net debt as recently as 2015, according to data from the Royal Bank of Canada. The UCP’s plan would increase spending by $703-million over four years, representing a hike of about 0.3 per cent annually, with millions for campaign promises made by the party. The largest new spending item is $100-million for additional mental-health services. The second largest increase would see $80-million spent on a new government “war room” and advertising meant to defend Canada’s energy industry from criticism.
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