Protecting Albertans from Inflation

It has been a generation, but inflation is back. What once used to preoccupy Main Street and Bay Street is now once again a real concern for all Albertans.

Inflation is generally understood as the rise in the price of goods and services in our economy. A generation of Albertans have understood that inflation would rise each year, at roughly 2 per cent. However, we are now in a new inflationary era, and decisions made by the UCP government have made a bad situation worse.

After a prolonged discussion in the previous era of high inflation, a policy consensus emerged at the turn of the century: government’s in Canada would index the income tax system to account for inflation each year.

Read our full report to see how we can make life a little bit more affordable. 

We will inflation-proof your budget, by giving you back more of your income taxes and more in benefits at the same rate as inflation. - Shannon Phillips Finance Critic

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Leave a Comment

Stephen Gaudreau

Posted

I hope you get in soon

Dave Daniels

Posted

I sure hope you guys get in next election. I live on AISH. I am feeling the pinch in almost every area. Please re-index the benefits. You will have my vote.

Angela Aitchison

Posted

It has been difficult getting the minimum on Aish. I feel that I can’t even afford to live with rising costs. I have to rely more on the food bank now. And my mother is a senior paying over $300 a month on medication that blue cross doesn’t cover. I feel that seniors should be able to get medication at no cost as Aish recipients do. I have seven more years before I am a senior. I do know that I wont be taking any more medication once I’m 65. And Aish stops when you reach 65? It is meant for the severely handicapped. I guess once we turn 65 we no longer have our disabilities. I only wish.

Brad Nelson

Posted

I am a pensioner and income taxes are not my biggest concern when it comes to inflation. What about increasing property taxes, changes to Blue Cross for seniors, increasing fixed and variable utility fees, doubling of vehicle insurance rates, and out of control food prices .