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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 />

R<br />

R<br />

R<br />

R<br />

R<br />

Published by<br />

Coronation<br />

<strong>Review</strong><br />

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 />

LETTERS POLICY • Letters to the Editor are<br />

welcomed • Must be signed and a phone<br />

number included so the writer’s identity can be<br />

verified. • <strong>ECA</strong> <strong>Review</strong> reserves the right to edit<br />

letters for legal considerations, taste and brevity.<br />

Letters and columns submitted are not<br />

necessarily the opinion of this newspaper.<br />

Member of:<br />

Office Hours Mon. - Fri. 9 am - 5 pm<br />

R<br />

30 pt<br />

Subscriptions:<br />

4921 - Victoria Avenue<br />

$42.00 in Canada; $74.20 in US;<br />

Tel. (403) 578-4111<br />

R<br />

24 pt<br />

$135.15 Overseas. (All prices include GST) Mail: Box 70, Coronation, AB Canada, T0C 1C0 Website <strong>ECA</strong>review.com<br />

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

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