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6 J a n u a r y 1 0 ' 1 9 H a n n a / C o r o n a t i o n / S t e t t l e r , A b . E C A r e v i e w<br />
<br />
Editorial<br />
Taking responsibility<br />
V I E W P O I N T S<br />
The opinions expressed are not necessarily<br />
the opinions of this newspaper.<br />
B. Schimke<br />
<strong>ECA</strong> <strong>Review</strong><br />
Norway’s sovereign wealth fund,<br />
enacted 14 years after Alberta’s<br />
Heritage Trust Fund was established,<br />
is worth US$1.1 trillion. Alberta’s fund<br />
after 42 years is valued at US$13<br />
billion.<br />
Norway restricts governments from<br />
using any more than four per cent of<br />
their oil and gas royalties on annual<br />
government expenditures. The fund is<br />
for future generations when oil revenues<br />
collapse.<br />
Recently some extra money has been<br />
pulled out and used to support the<br />
country’s transition to a fossil-fuel free<br />
society.<br />
“<br />
Our province’s<br />
economy isn’t diversified,<br />
but neither are many of<br />
our households.<br />
Alberta’s Heritage Fund has been<br />
raided year-after-year and government-after-successive<br />
government. It’s<br />
been used to balance the budget, give<br />
Alberta’s good hospitals, schools, highways<br />
and low taxes compared to other<br />
provinces.<br />
And, of course, sustain our pride in<br />
being the only province without a sales<br />
tax.<br />
Today almost one third of all cars<br />
sold in Norway are electric. Norway’s<br />
goal is to end sales of fossil fuel vehicles<br />
by 2025. In Alberta we’re lead to<br />
believe that electric vehicles can’t<br />
operate in northern climates.<br />
Government policy is the motivator<br />
to change consumer behaviour.<br />
Battery-driven cars in Norway are<br />
exempt from most taxes and receive<br />
free parking and charging hence the<br />
increase in their popularity.<br />
Of course, that is the intent of a<br />
“<br />
carbon tax. A consumption tax that<br />
was once favoured by right-wing parties<br />
as the market approach to<br />
pollution reduction. By changing<br />
behaviour of consumers, it would<br />
encourage risk-adverse, profit-takers<br />
to invest in emerging industries and<br />
away from carbon intensive industries.<br />
Today Arctic and coastal regions<br />
are the most affected by global<br />
warming.<br />
Canada and Norway are both<br />
coastal and Arctic countries but<br />
unlike Canada, Norwegians collectively<br />
are serious about their<br />
international responsibility to reduce<br />
carbon emissions and save their<br />
country for future generations.<br />
The board of the Norwegian<br />
Sovereign Wealth fund has recently<br />
announced they will over time divest<br />
from all oil and gas companies,<br />
including Norwegian energy firms.<br />
They want their fund and their<br />
economy protected from future oil<br />
shocks.<br />
In Alberta, we live the vicious cycle.<br />
When oil prices are high, oil companies<br />
pay huge salaries, give their<br />
employees shares in the company as<br />
bonuses and pension contributions<br />
and high wages which drives up the<br />
price of homes.<br />
When oil prices slump, Albertans<br />
associated with the oil patch not only<br />
lose their jobs, they lose value in their<br />
investments and their home prices<br />
collapse.<br />
The three most important pillars to<br />
financial stability are jobs, investments<br />
and real estate which in Alberta<br />
all increase and collapse<br />
simultaneously.<br />
Our province’s economy isn’t diversified,<br />
but neither are many of our<br />
households. Regretfully we’ve let so<br />
much cash slip through our fingers,<br />
provincially and personally,<br />
throughout the last four decades with<br />
little planning or concern for the<br />
future.<br />
We could learn so much from<br />
Norway, but, alas, we must first collectively<br />
believe that man made climate<br />
change is real and, second, that a sales<br />
tax is necessary to smooth out our<br />
boom-bust economy.<br />
<br />
Mail bag<br />
Still searching…<br />
Dear Editor,<br />
Early in December, I started my<br />
search for someone for whom I could<br />
vote: someone with integrity and honesty,<br />
someone not tainted by floor<br />
crossing and backroom deal-making.<br />
Reports of more shenanigans in the<br />
United Conservative Party (UCP) nominations<br />
in ridings across the province<br />
lead me to believe that integrity<br />
appears to be in short supply.<br />
However, to my list of qualifications<br />
for my choice of representative, I would<br />
like to add wisdom.<br />
Webster’s Dictionary defines<br />
wisdom as accumulated knowledge<br />
and intelligent application of learning.<br />
Federally, Trudeau and Scheer only<br />
present variations of very similar<br />
policies.<br />
Provincially, both Rachel Notley and<br />
Jason Kenney, after discussions with<br />
the oil companies, came up with the<br />
same ‘plan’ of reducing Alberta’s oil<br />
production.<br />
Would these be the same four company<br />
representatives that supported<br />
Rachel Notley’s carbon tax (one of<br />
whom promptly left the country)?<br />
Nothing new: the same old ideas of<br />
power-greedy elites, the ideas that got<br />
us into our current mess.<br />
Rather than intelligently applying<br />
learning and accumulated knowledge,<br />
these leaders are all politicians telling<br />
us what they think will be best for us.<br />
What we are missing is practical<br />
wisdom or experience defined by<br />
Webster’s as “knowledge and skill<br />
derived from being engaged in a particular<br />
activity”.<br />
Rather than having ‘dirty hands’<br />
from party shenanigans and connections,<br />
I want a representative who is<br />
not afraid to get his hands dirty with<br />
good Alberta soil and oil.<br />
I want someone who will listen to<br />
other hard-working Albertans and<br />
then use that accumulated practical<br />
wisdom as a basis for cutting regulations<br />
or choosing and making policies.<br />
I am looking for a representative<br />
with integrity and practical wisdom…<br />
I’m still searching...<br />
Pat Holloway<br />
Castor, Ab.<br />
<br />
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Coronation<br />
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Limited<br />
72 pt<br />
East Central Alberta<br />
EVIEW<br />
60 pt<br />
48 pt<br />
36 pt<br />
PrairieView<br />
For real conservatives, 2<strong>01</strong>8 a disappointment<br />
by Herman Schwenk<br />
We are at the beginning of<br />
a new year, <strong>2<strong>01</strong>9</strong>.<br />
Does it have a different<br />
ring to it than 2<strong>01</strong>8? I think<br />
not.<br />
From a political point of<br />
view it will be a very interesting<br />
year for us in Alberta.<br />
If the current rules are followed<br />
there will be two<br />
elections for us to participate<br />
in.<br />
Schwenk<br />
There will be a provincial election<br />
by May of this year and a federal<br />
election in October.<br />
For us that are real conservatives,<br />
2<strong>01</strong>8 has been<br />
somewhat of a<br />
disappointment.<br />
The year started out with a<br />
new United Conservative<br />
Party with Jason Kenney as<br />
the leader.<br />
It looked like a new day for<br />
Alberta politics.<br />
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Letters and columns submitted are not<br />
necessarily the opinion of this newspaper.<br />
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He was talking about a party that<br />
was being driven by grassroots supporters<br />
rather than the top-down<br />
politics of the old PC Party.<br />
Well, surprise-surprise!<br />
It didn’t take long for the word<br />
‘grassroots’ to be removed from their<br />
website.<br />
Somehow the party establishment<br />
is being controlled by remnants of the<br />
old PC Party.<br />
Turn to There, Pg 7<br />
Alberta Press Council<br />
Do you have a concern or<br />
complaint about a newspaper<br />
article or ad? If after bringing<br />
your concerns to the attention<br />
of this newspaper, you are not<br />
satisfied, you may contact<br />
the Alberta Press Council<br />
at www.albertapresscouncil.ca<br />
or toll free in Alberta at<br />
1-888-580-4<strong>10</strong>4 for<br />
information.<br />
Joyce Webster<br />
Publisher/Editor<br />
publisher@<strong>ECA</strong>review.com<br />
Bonny WilliaMS<br />
Circulation Manager<br />
“<br />
It didn’t take long<br />
for the word<br />
‘grassroots’ to be<br />
removed from their<br />
website.<br />
brenda SCHimke<br />
Editorial Writer<br />
TERRI HUXley<br />
Reporter 587-321-0030<br />
news1@<strong>ECA</strong>review.com<br />
Yvonne tHulien<br />
Manager<br />
office@<strong>ECA</strong>review.com<br />
Gayle Jaraway<br />
Marketing 403-578-4111<br />
advertise@<strong>ECA</strong>review.com<br />
Lisa Myers-sortland<br />
Graphic Artist<br />
Judy walGenbaCH<br />
Marketing 403-740-2492<br />
marketing@<strong>ECA</strong>review.com<br />
“<br />
R<br />
18 pt