Economists and taxpayer advocates have come out in support of Alberta’s Recovery Plan, despite its reliance on deficit spending. Premier Jason Kenney has prescribed tax cuts, infrastructure, and job creation to cure ailing employment numbers.
To boost an economy hit hard by the double whammy of tanking oil prices and the COVID-19 pandemic, the recovery plan announced June 29 represents “the largest infrastructure build in Alberta history,” Kenney said. Ten billion dollars have been earmarked for road projects, pipelines, schools, and hospitals in 2020 alone.
