Socialist Revolution in Canada

[lars573]

I am wondering how the socialist party is expected to reign in spending where the other party didn’t. Or, was the fight over not enough social welfare in the money spent?

View from the outside to follow: Alberta's problem is more collection of revenue and not just fiscal mismanagement (although they did have that re: Alison Redford and "forgot to carry the 1" on royalty calculations). Their financial solvency was based on spending all the oil monies as it rolled in. And every time oil prices took a dip for long enough pants got bricked in the Premier's office. Alberta has the lowest personal income and corporate taxes in Canada, and has no provincial VAT. Taking away huge chunks of oil money laid bare problems that had been building for decades. And the NDP will have to have powerful sorcerers indeed to get the finances in order and not raise taxes. But since they don't tax hikes are about the only way.


And I was reading that the TSE dropped 1 point the day after the NDP's win results were in. And oil companies threatening to take their ball and go home in the NDP won.