Alberta funding announcement

By Kim Siever, 09 Jul 2008

Ed Stelmach, Premier of Alberta, announced yesterday that the province will use this year's budget surplus of $4 billion to develop two funds: one for carbon capture and one for transit funding.

Regarding transit funding, I would love to see the transit money being used to bulk purchase buses for all the transit authorities in the province. A train from Lethbridge to Grande Prairie would be nice, too.

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7 Responses to “Alberta funding announcement”

  1. rick said:

    You'll note it's a projected surplus. The Conservatives are usually pretty conservative in their budget surplus estimates, but it's money we don't have yet.

    Interestingly enough 2 bil of it looks like a subsidy for the carbon-capture industry - awarding funds for research and innovation. Not a bad idea, really. Especially if we can export the expertise to other provinces and countries.

    9 Jul 2008 @ 8:28 | Permalink

  2. Mary Siever said:

    Maybe they can put some of that into funding for mental health services, so people can get properly trained and people get the help and information they NEED.

    9 Jul 2008 @ 10:52 | Permalink

  3. Kim Siever said:

    I doubt they will.

    9 Jul 2008 @ 11:55 | Permalink

  4. rick said:

    This portion of any budget surplus is only earmarked for the previously mentioned two areas of spending.

    9 Jul 2008 @ 12:05 | Permalink

  5. Mary Siever said:

    I know.

    9 Jul 2008 @ 12:18 | Permalink

  6. Jason of the East said:

    Hmmm... Sounds like a monetary 'Smoke screen' to me.

    11 Jul 2008 @ 7:51 | Permalink

  7. Tyler M said:

    I have still yet to be convinced that money spent on the environment isn't better spent on something other than the "Carbon Crusade" which is still debatable in my books. Regardless of what Al Gore seems to believe.

    23 Jul 2008 @ 14:45 | Permalink

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