Wednesday, March 29, 2006

Sask population woes: Who's to blame?

Politicians, of course.

10 comments:

Chad Moats said...

Actually in seem every time the Sask Party has a surge in the polls , our population declines dramatically. Correlation or coincidence ?

Adam Taylor said...

As SK's population declines, Alberta's jumps...

Coincidence?

Sask.Taxpayers federation said...

I think employers pay too low of wages. Go out to Wascanaview and see how buisnessmen live. 12.00 an hr to frame houses verses 25.00 an hour in Alberta. All the young people look at is the money. They look at Alberta like the Okies did to California.

David MacLean said...

Supply and demand, STF.

Anonymous said...

Chad, it's the Sask Party demographic that is leaving Sk, not the NDP's:
young educated working people leaving, dependant types like Chad and stf stay behind.

Adam Taylor said...

Wages are higher in Alberta because taxes are lower.

Anonymous said...

Dave, you might want to take a look at this:

http://www.regie-energie.qc.ca/Camput/Presentations/MARDI-eng/Ball_presentation-eng.pdf

"$15 billion in supply acquisition over 20 years"

Considering that SaskPower's revenues in 2004 were a little over $1.1 billion, and with rising long-term debt, even putting their entire revenue base against loans for $15 billion would come nowhere near servicing the debt (assuming a 7% interest rate). And of course, we all know that there are operating expenses associated with this sort of enterprise, thus, the entire value of revenues are not available for debt servicing.

The conclusion I come to is that rates will have to rise dramatically, or alternatively, taxes, in order to cover the costs of replacing the facilities as outlined in the presentation.

I think we all (in Saskatchewan) need to be disturbed about this, and furthermore, the risk that sudden rate hikes will cause significant economic shocks as the reality of higher rates sets in. We also need to be disturbed that the headcount has risen by almost 10% at SaskPower in the past 5 years (see their 2005 annual report), while no additional capacity has been added, with declining income, and increasing long term debt and worsening debt to equity ratio.

Right to work said...

Has anyone checked the stats on how many sask residents make mosr of their income in Alberta yet still claim Sask residence.
There are thousands of rig pigs and water haulers who work in Alta and still live here. Many farmers [Close to 20% in some areas} leave their wives at home to look after the cows while they drive truck in Alberta to pay the bills.
If they took an address in Alta and paid their lower income tax to Ralh we would be in big trouble!

The Sask.Taxpayers Federation said...

All the negativity spread around by the sask party over the years makes everyone think we're nothing but farmers here in Saskatchewan. They make it sound like we're all in trouble. We're not.All the Sask Party wants to do is try and make Sask look bad.

sask.taxpayers federation said...

The Sask Parties comments about doom and gloom drive people away. They are such a downer party with no real vision for Sask.

CTF You Tube Channel

Canadian Taxpayers Federation's Fan Box