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Old 10-06-2016, 01:35 PM   #3943
Makarov
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Quote:
Originally Posted by chemgear View Post
I don't have a ton of time to look into it but I'm (actually ) seeing 34.8 billion over 5 years (at least that's what the Alberta.ca site shows). For giggles I grabbed some numbers for a few years back.

http://www.finance.alberta.ca/public...n-spending.pdf

http://globalnews.ca/news/1192585/al...d-2014-budget/

2010: $20.1 billion over 3 years ($6.7/year)

2014 before the NDP: $19 billion over 3 years ($6.3/year)

NDP 2016: ($6.96/year)

So they're basically keeping the spending materially unchanged. The $11 billion in overspending this year isn't due to a massive ramp up in infrastructure or stimulus spending, it's basically this historical ongoing cost we've been spending this whole time.

Additionally, I'm not saying the 5 year number was picked on purpose to be deceiving though it does inflate the total.


EDIT: Though I could be wrong, are you saying that they are spending an additional $37 billion on top of that isn't listed on the Alberta 2016 Budget page summary? Perhaps I'm missing that somewhere.
No, we're using the same numbers. I just added $2 billion in green energy capital investment as well. Don't really disagree with your conclusions either except to suggest that maintaining capital investment at the same level despite a significant decline in revenues could arguably be characterized as stimulus or at least a relative increase in investment.
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