In an economic boom, companies must pay back their loans to Alberta, pay their taxes and fill the Heritage Fund. Resource royalties belong to the citizens of Alberta and the use of that money must reflect the needs of the people - not a re-election agenda. The GPA will address the unfair cost of living and create more accountability to ensure that our wealth benefits the many - not a select few.
Government mismanagement of taxpayer dollars is costing Alberta's the future they deserve. The GPA will address the growing cost of living by taking back control of our resources with an update to Peter Lougheed’s principles:
ACT LIKE AN OWNER
1) Replace the privately incorporated Alberta Energy Regulator (AER) with review boards working in the public interest and separate from the industries they are regulating.
2) Kill RSTAR
COLLECT OUR FAIR SHARE
If Alberta met royalty targets in place when Peter Lougheed was Premier, the province would have $1 TRILLION in our Heritage Fund by 2039. Our wealth goes to international shareholders and tax-payers now hold over $260 BILLION in clean up costs.
1) Raise royalties in-line with Lougheed’s Vision
2) Introduce an “excess profit cap” - to stop corporate profiteering
Ensure the just distribution of abundance, including the eradication of poverty and back to work incentives like basic income.
SAVE FOR A RAINY DAY
1) Re-start Heritage Fund Payments to be put Toward Economic Diversification.
Instead of adding to the fund in an oil boom the UCP has used it to reinforce their incompetence by taking $1.6 billion out of the fund in 2022 to bail out their disastrous health care and education mismanagement.
Create political safeguards to ensure the Heritage Fund is used for public services that benefit the people directly starting with the needs outlined in our Strong Public Services and Safe and Secure Community priorities.
1) Re-establish the Alberta Energy Company (AEC) Ltd Crown Corporation
Nationalized competitiors help regulate industries that are prone to profiteering while leading the way for an Alberta lead energy transition and other innovative projects that private industry has failed to produce such as building the infrastructure for community-owned renewable energy projects.
GO SLOWLY AND PLAN FOR TOMORROW
After boom comes Bust
1) Invest in Workers
Create government funded programs to ensure skills, pensions and seniority transfer inline with points made in the Sustainable Jobs and Economy priority.
2) Cleanup is Transition.
Decades of full-employment, without comparatively negligible capital, retraining, or relocation costs. This means unemployed riggers and idle equipment can be put to work locally everywhere for cleanup.
COMPETENT AND ACCOUNTABLE GOVERNANCE
1) Greens are Watchdogs
Third Party Oversight = Political Collaboration, Accountability and Transparency
Alberta desperately needs a force to keep both larger parties honest and accountable to Albertans.
Albertans must not allow industry to regulate itself.
Disasters and emergencies must not be co-opted for political gain.