Right-wing budget proposals would worsen Alberta's recession

Independent analysis shows that attempts to balance the budget too quickly would dramatically magnify job losses


EDMONTON, ALBERTA--(Marketwired - Feb. 17, 2016) - The Alberta Federation of Labour is releasing an independent analysis showing the impact that austerity budgeting would have on the province.

Over the past year, right-wing politicians have vowed they would balance the budget and roll back taxes. On Thursday, February 18, the Alberta Federation of Labour released a report that analyses what it would mean for the province if these proposals were enacted.

"This isn't the time to add to Alberta's unemployment by hack-and-slash budgeting," Alberta Federation of Labour president Gil McGowan said. "Laying off teachers and nurses won't bring back jobs lost in the energy sector; it will only mean more unemployed Albertans. The austerity prescriptions offered by the Wild Rose and the PCs won't end the recession; they'll make it worse."

What: Release of analysis that models outcomes of right-wing budget proposals on Alberta's economy and labour market
Who: Alberta Federation of Labour president Gil McGowan
Where: Prism Room, 2nd floor, Matrix Hotel, 10640 100 Ave NW, Edmonton
When: 1 p.m., Thursday, February 18

Contact Information:

Alberta Federation of Labour
Olav Rokne
Communications Director
780.218.4351 (cell)
orokne@afl.org