Toews wants a budget law Alberta politicians never have any trouble breaking yyc ableg abpoli Column by DonBraid:
“True to his word, Klein did enact balanced budget legislation,” former finance minister Ted Morton wrote for the Herald.“Alberta’s experience proves that statutory rules are not sufficient to protect a positive fiscal legacy,” he continued. “Alberta’s balanced budget law was removed by a simple majority vote in the legislature.Morton said balanced budgets should be entrenched in the constitution. He was certainly right about the eternal political dynamic.There have been 24 deficits since.
But in November 2012 there was an awkward moment at an Edmonton news conference, when Premier Alison Redford and her finance minister, Doug Horner, hinted that they were borrowing money for infrastructure.Article content He wants to build a stable system. He recognizes, with this balanced law idea, that exceptions would be allowed in sudden hard times.
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