| What
challenges and opportunities does Alberta face?
Improving the health
care system
Spending
on health care has doubled over the last ten years, but people
still wait too long for some essential services. Health care
costs are growing faster than the province’s total income.
We spend close to 40% of the province’s budget on health care.
That’s more than all the money Albertans pay in personal income
taxes, corporate income taxes, and health care premiums combined.
How do we make sure quality health services are available
and affordable?
Investing in education
About 30% of the province’s budget is spent on education.
More money is being spent this year to hire more teachers
and reduce class sizes. More spaces are being opened up at
universities, colleges, technical institutes, and in apprenticeship
programs. But the future of Alberta’s economy depends on having
one of the best educated and highly skilled workforces in
the world. What more needs to be done to make sure Alberta
has an outstanding, leading edge education system?
Maintaining strong
communities
Many cities are bursting at the seams while some smaller communities,
especially in rural Alberta, face an uncertain future. Some
communities have good facilities, adequate policing, affordable
housing, vibrant arts, culture and recreation opportunities,
and a good quality of life. Others have financial challenges
and risk losing people to larger centres. How do we respond
to growth in the cities and, at the same time, preserve rural
communities and Alberta’s rural way of life?
Providing first rate
infrastructure
Alberta’s new Capital Plan commits close to
$7 billion to address the province’s infrastructure needs.
But there still is a growing demand. What do we need most
– better highways, more schools, more space at universities,
colleges and technical institutes, better equipment, or new
high tech hospitals?
Building an even
stronger economy
For Alberta to compete in a global economy, we can’t rely
only on traditional strengths like energy and agriculture.
We need a more diverse economy with more emphasis on innovation
and leading edge, knowledge-based industries. Is it better
to keep taxes low for everyone, make sure we have highly skilled
people, and promote a quality of life that’s second to none?
Or do we need more targeted actions and investments, more
research, and selective tax incentives?
Preserving Alberta’s
environment
Using our environment wisely and preserving it for future
generations is an important challenge. It includes preserving
Alberta’s supply of water, maintaining high quality land,
and protecting the quality of our air, lakes, rivers, parks,
fish and wildlife. What are the most pressing issues to address
in Alberta’s environment and what needs to be done?
Ensuring that all
Albertans benefit from our province’s prosperity
All Albertans should share in the benefits and opportunities
our province provides. That includes seniors, people with
disabilities, children and families at risk, and people with
low incomes. It includes Aboriginal people and their communities.
And it includes people who are new to our province and our
country. How do we make sure all Albertans get the help they
need and enjoy the benefits our province has to offer?
Strengthening Alberta’s
tax advantage
Albertans and Alberta businesses pay the lowest overall taxes
in the country. We’re the only province with no sales tax.
Low taxes benefit every Albertan and put Alberta in a strong
competitive position, but taxes also pay for education, health
care, infrastructure, and all the other services government
provides. Should Alberta’s taxes be even lower or should we
leave them as is to fund important programs?
Saving for the future
The Heritage Fund was established in 1976 so we could save
some of the money from oil and gas revenues. Today, it’s worth
just over $12 billion. Typically, about a billion dollars
in investment income from the Heritage Fund goes into the
provincial budget each year. If oil and gas prices stay high
and we have windfall profits, should we put money in the Heritage
Fund or use it in other ways? |