Alberta politics Financial News

26.09 / 05:19
Alberta politics pension NDP launches counter survey on potential Alberta Pension Plan
The Opposition NDP has launched a survey of its own about the UCP’s idea for the province to pull out of the Canada Pension Plan and create an Alberta Pension Plan instead.
23.09 / 00:55
Pensions Alberta politics NDP promises to axe proposed plan to quit CPP if it wins 2027 Alberta election
Alberta’s long road to quitting the Canada Pension Plan would run smack into the scheduled 2027 provincial election, with Opposition New Democrats promising to kill the idea if they win.
21.09 / 22:19
Retirement Alberta politics Danielle Smith debate pension Alberta to debate Canada Pension Plan, says it deserves half if it leaves
Alberta’s premier fired the starter’s pistol Thursday for a provincewide consultation on whether to quit the Canada Pension Plan while releasing a report that estimates the province deserves more than half CPP’s assets.
15.09 / 04:45
Alberta politics Danielle Smith Alberta Government Alberta health e.Coli E. coli outbreak E. coli outbreak parents to Alberta premier: ‘What are you going to do?’
“Surely the suffering of our children merits more communication than a single tweet,” the parents wrote, referencing a social media post on Sept. 10.Smith’s office said she has made the outbreak “her number one priority” and will be joining the health minister, the minister of child and family services, and the chief medical officer of health and other health officials for an update Friday morning.“She has heard the heartbreaking stories from parents and, rest assured, action will be taken,” the statement from the premier’s office said.The parents said when their children began to fall ill at the end of August – including with bloody diarrhea and children passing “their own flesh as they screamed in pain” – the Sept.
08.08 / 05:03
renewable energy Alberta politics Alberta Government Alberta Solar Why did Alberta pause new wind and solar projects? Premier says feds
Alberta Premier Danielle Smith says Ottawa is one of the reasons why her government has placed a moratorium on approving new wind and solar power projects, arguing the feds are preventing development of backup generation for renewable energy like natural gas.Smith, whose government surprised the province’s renewable energy industry last week by announcing a six-month freeze on new projects greater than one megawatt, told her provincewide radio call-in program Saturday that backup plants powered by natural gas are needed for when wind isn’t blowing or the sun isn’t shining.But, she said, the federal government doesn’t want Alberta to add any new natural gas electricity plants to the grid.“So I’ve told them, how can I bring on additional wind and solar if I’m not able to secure the reliability of my power grid by being able to bring on natural gas peaker plants? That’s the heart of the problem,” Smith said.“No one is proposing any new natural gas plants because the federal government has created so much uncertainty in the market.”The rationale was confusing for an energy market economist, as well as a representative of a renewable energy industry group, who said there isn’t a requirement in Alberta’s market for generators to be able to supply power 24-7.“If somebody adds solar to the grid, you don’t need to add backup to compensate for it,” said Andrew Leach, a University of Alberta energy economist. “It just adds a source of cheap electricity for times when it is sunny outside.”“Essentially, you bring your power to the market every hour and see what it sells for.”Leach said it’s possible the addition of cheap wind and solar energy could discourage natural-gas powered projects by lowering the price of electricity.

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