Drumheller's Member of Parliament isn't very impressed with the Trudeau Government's second federal budget, which was released last week.
 
The plan outlined by Finance Minister Bill Morneau sees the annual deficit jump from $23 billion in 2016 to an estimated $28.5 billion this year.
 
Battle River-Crowfoot Kevin Sorenson says it's the same kind of 'tax and spend' philosophy that previous Liberal governments in Canada have traditionally followed.
 
"I don't even think that Trudeau is for the young people anymore because of the huge debt they're going to have to pay back," he stated. "Currently, with low, low interest rates we're paying $31 billion in interest charges on our national debt. If that was to double it would just take so much out of other priorities that Canadians have."
 
Sorenson also accuses the government of attacking Canadian business, including small, locally owned firms.
 
"We're going to raise CPP premiums for every business out there, for every employee you have, we're going to increase EI premiums so businesses are paying into that," he related. "All these payroll taxes are making it more difficult for us to compete in a global market."
 
There was also pre-budget speculation that the Liberals would increase taxes on capital gains, but that did not happen.
 
"They backed off on it at the last moment," noted Sorenson. "I think that's only because they understand (US President) Trump is going to create a very competitive market for jobs and if we're going to be competitive we can't do all the measures that I think they had hoped to do."
 
A coalition of Conservative MP's from Alberta completed a report on the province's job situation, but the Liberal majority in the Commons Finance Committee defeated a motion for government action.
 

More Local News

UPDATE 11 Avenue SE Blocked Off By RCMP

UPDATE; The bomb squad from Edmonton attended the scene, inspected the suspicious item and deemed it not to be explosive. Residents will be allowed back into the building later this evening. On…

Local Teacher Reflects on Notre Dame Fire

Many Canadians woke up on Monday morning to the news of the famous Notre Dame Cathedral in Paris, France was engulfed in flames. While the flames were miles away, the impact was still felt in the…

Morrin School Announces Hockey Program

On Tuesday, Morrin School Principal, Don Yavis, announced a new option for the junior high students where they will be able to learn about and participate in hockey.

Horner Dominates in Drumheller-Stettler

The people of the Drumheller-Stettler riding have had their voices heard with the Provincial Election last night and their voices selected Nathan Horner as their future MLA.

Nathan Horner Wins Drumheller-Stettler Riding

UCP candidate Nathan Horner has won the Drumheller-Stettler riding with a landslide of majority votes. With 96 polls reporting out of 102, Horner leads his closest rival, Independent Candidate Rick…

LIVE Coverage - 2019 Alberta Election

LISTEN LIVE to our 2019 Provincial Election coverage for the Drumheller-Stettler and Olds-Didsbury-Three Hills riding with Jason Blanke, Allie Ruckman and special guest Heather Colberg (Mayor - Town…

DrumhellerOnline.com is Drumheller's only source for community news and information such as weather and classifieds.

Search the Biz Guide

Login