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Old Feb 27th, 2006, 09:20 PM   #1 (permalink)
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Default Alberta Surplus $7.4 billion

http://www.cbc.ca/story/business/nat...us-060227.html
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Old Feb 27th, 2006, 09:40 PM   #2 (permalink)
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Thank You Oil For Making King Ralph And The Pcs Look So Good!
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Old Feb 27th, 2006, 09:43 PM   #3 (permalink)
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Wow, the Finance Minister must have an easy time at work with all those surplus, job well done.
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Old Feb 27th, 2006, 09:50 PM   #4 (permalink)
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definitely wouldn't mind another prosperity cheque soon
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Old Feb 27th, 2006, 09:58 PM   #5 (permalink)
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A good chunk of this has already been allocated towards future expenses and savings. $1Billion will be allocated towards the Alberta Heritage & Savings Plan, the first contribution in 19 years. The Health Authorities have requested and been approved for $1.6Billion in new spending. Due to the aging population, health is and will be the largest expenditure for most Governments for quite a long time. So, that's $2.6B out of $7.4B spent already. I'm sure we can think of stuff to spend $4.8B on. Like buying Vancouver or something.
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Old Feb 27th, 2006, 10:05 PM   #6 (permalink)
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Quote:
Originally Posted by rf134a
A good chunk of this has already been allocated towards future expenses and savings. $1Billion will be allocated towards the Alberta Heritage & Savings Plan, the first contribution in 19 years. The Health Authorities have requested and been approved for $1.6Billion in new spending. Due to the aging population, health is and will be the largest expenditure for most Governments for quite a long time. So, that's $2.6B out of $7.4B spent already. I'm sure we can think of stuff to spend $4.8B on. Like buying Vancouver or something.
Widen Highway 63 to 6 Lanes; Paved with Gold!

And an Alberta Museum of Music History, but this time put it in Hanna!

Statues in honor of King Ralph, Myron Thompson, Rob Anders(Hell YEAH!), and PRIME MINISTER Stephen Harper!

Buying Labrador!
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Old Feb 27th, 2006, 10:13 PM   #7 (permalink)
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Quote:
Originally Posted by neilson
Buying Labrador!
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Old Feb 28th, 2006, 01:45 AM   #8 (permalink)
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Quote:
Originally Posted by rf134a
A good chunk of this has already been allocated towards future expenses and savings. $1Billion will be allocated towards the Alberta Heritage & Savings Plan, the first contribution in 19 years. The Health Authorities have requested and been approved for $1.6Billion in new spending. Due to the aging population, health is and will be the largest expenditure for most Governments for quite a long time. So, that's $2.6B out of $7.4B spent already. I'm sure we can think of stuff to spend $4.8B on. Like buying Vancouver or something.
finish highway 43
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Old Feb 28th, 2006, 09:04 AM   #9 (permalink)
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Quote:
Originally Posted by neilson
Widen Highway 63 to 6 Lanes; Paved with Gold!
Actually they have already allocated funds to twin the highway to Fort McMurray.

Peter Lougheed had a good idea, he said 1/3 of the oil revenue should be invested in to the Heritage trust fund. Not 1/3 of the surplus, 1/3 of the revenue. That would get rid of most of the surplus (a good thing) and prevent it from being wasted on dumb crap.
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Old Feb 28th, 2006, 09:09 AM   #10 (permalink)
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Quote:
Originally Posted by bionicbadger
Actually they have already allocated funds to twin the highway to Fort McMurray.
Why do you guys say "twin"?

It's a Road Widening, or an Road Expansion; I just don't get the wording "Road Twinning".

Sounds somewhat British.
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Old Feb 28th, 2006, 09:10 AM   #11 (permalink)
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Quote:
Originally Posted by bionicbadger
Peter Lougheed had a good idea, he said 1/3 of the oil revenue should be invested in to the Heritage trust fund.
What a nutcase, doesn't he know the oil will last forever??
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Old Feb 28th, 2006, 09:33 AM   #12 (permalink)
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Makes me wonder why with all that money, why Alberta isn't the financial capital of Canada or never will be?
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Old Feb 28th, 2006, 09:34 AM   #13 (permalink)
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With all this cash and little debt I expect a hostile takeover will be launched by a US or European mogul.
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Old Feb 28th, 2006, 09:35 AM   #14 (permalink)
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Quote:
Originally Posted by stevethewheel
With all this cash and little debt I expect a hostile takeover will be launched by a US or European mogul.
Time to convert the Gun Registry Site into a Gun Manufacturing Site!

WE MUST TAKE UP ARMS AND FIGHT!

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Old Feb 28th, 2006, 09:48 AM   #15 (permalink)
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I believe China has already bought the right to extract oil out of the tarsands..or something like that.
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