Cheap oil stirring Alberta politics as leaders debate spending
Alberta Premier Jim Prentice clashed with challengers to his party’s decades-long grip on the petro- province over how to live with less oil money when voters want more services but no tax increases.
Prentice, facing a provincial vote on May 5, is proposing higher levies to offset the collapse of revenue from Alberta’s oil sands and energy industry, while protecting corporations from paying more. The Wildrose Alliance, leading in the polls, pledges to reverse those increases, while the New Democratic Party, also ahead of Prentice’s Progressive Conservatives, would boost corporate taxes and spend more on health and schools.
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