News

February 27, 2020

CBC News: Alberta budget targets ‘full employment’ by 2023 despite economic volatility

When Jason Kenney campaigned for premier last spring, he said job creation would be a top priority. 

On Thursday, his government’s new budget laid out a plan for getting people back to work — officially, A Blueprint for Jobs. But there’s no escaping the size of the challenge ahead.

Like most governments, Alberta’s United Conservative Party will also have to contend with a mountain of volatility — from China-U.S. trade relations to COVID-19 — that continues to rattle markets.

More than most jurisdictions, Alberta will also have to deal with oil prices’ wild ride, which saw the North American benchmark price slump below $47 US a barrel on Thursday. Alberta is budgeting for $58 US a barrel this year.

Still, Finance Minister Travis Toews told reporters prior to his budget speech he was feeling “optimistic,” and that 2020 “has the potential to be a turnaround year for the economy in this province.”

When it comes to jobs, the government’s goal appears to be an ambitious one.

Image: CBC News

READ FULL STORY

join the movement

Sign up to stay updated on our work and join the movement toward a better Alberta for all.

 

In the spirit of truth, reconciliation, and respect, we honour and acknowledge the lands upon which we live and work as guests, including the traditional territories of the First Nations in Treaties 6, 7, and 8 and the citizens of the Metis Nation of Alberta. We thank the First Peoples of this land, which we now call Alberta, for their generations of stewardship of the land, and we seek to walk together in the spirit of truth and reconciliation to build a shared future for all in Alberta.

Ⓒ Copyright Business Council of Alberta | Whistleblower Policy

Share This