Today's fiscal update from Alberta's alleged provincial Finance Minister Ted Morton is more than just the latest bad-news item to come from the Ed Stelmach government.
The almost five billion dollar shortfall represents the biggest deficit in Alberta's history.
In addition to the overall hemorrhaging of our economy, the province's Heritage Trust Fund - a sacred cow in Alberta - lost $282 million to sit at $14.1 billion.
As expected, Morton squeezed off a few rounds of excuses, blaming everything from a high Canadian dollar to a drop in prices for natural gas to "...factors beyond our borders and beyond our control."
All the while, Morton claims that Alberta's economy is "...on the mend."
What today's update revealed beyond the shameful numbers is a change in the Stelmach government itself.
No longer can they be considered an innocuous lame-duck administration. Now, they have been revealed as an actual danger to the province.
Bad policy, bad ideas, mismanagement, failing to anticipate the markets, etc., are all symptoms of a group of ministers that are way out of their depth.
Morton, et al, must be thanking their lucky stars for two specific reasons: first, the province's Sustainability Fund will be raided to cover the deficit; second, they still have a long time before they must call an election.
Neither bodes well for Albertans.
Surely, there cannot be many Wildrose Alliance supporters who still believe Ted Morton to be 'one of us', especially in terms of fiscal conservatism.
He is, after all, the person in charge of the purse strings. He's the one responsible for overseeing the creation of the largest economic slide in our history.
And, in keeping with his fellow government MLAs, he is the one blaming everyone else from world markets to the bogeyman for the mess his government has created.
While rumours abound that Stelmach has been asked by his own caucus to step down in hopes of resurrecting a party that is on life support - the PCs sit at 20% popularity while Stelmach's is a paltry 13% - I doubt a change at the top would work.
As awful as Ed Stelmach may be as premier - and he is awful - it is his team of ministers who are in charge of their respective portfolios, including Ted Morton.
In the early 1990's, the P.C. government not only admitted to past mistakes that led the province into economic turmoil, but they actively campaigned on a plan to repair the damage.
Then-premier Ralph Klein was the face of the action, taking the public hits along the way while the real work was being done behind the scenes led by provincial treasurer Jim Dinning.
How the Progressive Conservatives have changed.
Today we have a finance minister who claims that things are getting better while we sink deeper into another mess created by the Tories, and public comment or even sightings of our illustrious premier are getting about as rare as snow in August.
We are told it is out of their control. Perhaps it should be.
If we let Stelmach, Morton, and the rest continue to make the decisions for Alberta, the mess is bound to grow larger.
How long until the next election?
** Update:
Ted 'call me fiscal' Morton failed to rule out the introduction of a provincial sales tax as a means of slowing the Alberta's out of control deficit.
Some so-called 'experts' have been suggesting the idea of a PST, and according to the Sun, Morton has not ruled out that option.
"There are some theoretical issues that (head of the School of Policy Studies at the University of Calgary) Professor Mintz and others have identified, and we're looking at those, and we take them seriously," quipped Morton.
If you know anything about Alberta, you know that one of our greatest sources of pride is the fact that we are the only province in Canada without a sales tax. It goes against the grain of who we are and what we believe.
We can also tell when we're being played. Morton scrambling for answers to the monster deficit has him looking in all the wrong places - spots usually reserved for tax loving liberals.
Wildrose Alliance leader Danielle Smith put it best: "...they don't have a revenue problem. They have a spending problem. And until they get that under control, any kind of talk of increasing taxes is outrageous."
For Ted Morton to not reject the notion of a provincial sales tax shows his reputation as being fiscally responsible to be nothing more than a mirage.
It also gives indisputable evidence of just how out of touch he and his government are with Albertans.
















