Randy Boissoneau has stepped down from his ministerial position to focus on clearing the allegations made against him, according to Prime Minister Justin Trudeau. Also on the show, we'll be discussing the return to the spotlight of former Prime Minister Stephen Harper, how Calgary Mayor Jyoti Gondek asked her citizens to find any theoretical budget cuts she could make, which she deemed impossible, to not affect essential services. We'll also dive into how Alberta dominated Canada's job growth in October, accounting for more than 91% of national gains, and we'll cover the recent news of Edmonton Police Chief Dale McPhee stepping down.
00:00:35.460We'll also dive into how Alberta dominated Canada's job growth in October,
00:00:39.500accounting for more than 91% of national gains.
00:00:42.800Lastly, we'll cover the recent news of Edmonton Police Chief Dale McPhee stepping down.
00:00:47.860But I know you guys are probably itching to hear about Randy, so let's dive back into that story now.
00:00:54.280Randy Boissoneau has officially stepped down from his ministerial position to focus on clearing the allegations made against him,
00:01:09.740according to Prime Minister Justin Trudeau.
00:01:12.080As for which of the many allegations against him he's focused on clearing, that was not necessarily made clear.
00:01:18.320Fans of the show will remember that Boissoneau was previously promoted to ministerial lead for Jasper,
00:01:24.280despite being in the midst of an investigation for having allegedly received nearly $120 million in government grants and contracts while being a minister,
00:03:18.540But in reality, this is making a mockery of our parliamentarians who should hold themselves to a higher standard
00:03:25.740than being caught in a whirlwind of so many scandals that nobody can seem to keep track.
00:03:30.660Despite him stepping down, Randy will still make over $200,000 a year as a backbench MP.
00:03:37.900Also, it's unclear to me whether he's stepping down from his Jasper ministerial role.
00:03:41.720I haven't been able to find any confirmation on that, but I assume that he is.
00:03:46.580And just to clarify quickly about Randy, he's stepping down, meaning he's not fired.
00:03:50.760So I'm curious to ask whether you think that he'll ever be held accountable, either by the Liberal government or the RCMP.
00:04:00.960All right, so getting into a more lighthearted story now.
00:04:04.180Former Prime Minister Stephen Harper has officially been appointed as the chairman of the board of the Alberta Investment Management Corporation.
00:04:11.660The finance ministry told me last week that it would officially announce the new chair within a few weeks.
00:04:17.680And the announcement came slightly ahead of schedule on Wednesday.
00:04:21.220It was rumored that Harper would be taking over his chair, but he allegedly had to sort out some conflicts of interest before taking the position.
00:04:28.700Alberta Premier Danielle Smith thanked Harper for accepting the position.
00:04:34.140As one of Canada's most successful prime ministers managing our national economy, our province is thrilled to have you take charge of AIMCO and get this fund performing to the level Albertans expect.
00:04:45.760Harper revealed that he would be chairing the board for free because he believes, quote,
00:04:50.160It is a meaningful act of public service to my adopted home province of the last 46 years.
00:04:56.420Alberta Finance Minister Nate Horner said Harper's nearly decade-long experience serving in government and as a G7 leader
00:05:03.480proved a strong track record of fiscal responsibility with tax dollars.
00:05:08.980I am confident that the former prime minister and his board colleagues will provide the necessary oversight and direction to AIMCO's management
00:05:15.600to ensure AIMCO is strategically well-positioned for long-term success.
00:05:20.300AIMCO ranks among Canada's 10 largest pension funds managing over $160 billion in assets.
00:05:26.320It achieved a 7.3% annualized return over the past decade, including an $8.9 billion net investment return in 2023.
00:05:35.420The Alberta government fired the entire board in early November and appointed Horner interim director.
00:05:41.200The Alberta government cited that between 2019 and 2023, AIMCO's third-party management fees increased by 96%,
00:05:48.580the number of employees increased by 29%, and the salary, wage, and benefit costs increased by 71%.
00:05:55.700The increases came despite managing a smaller percentage of funds internally.
00:06:00.800Harper served as Canada's 22nd prime minister from 2006 to 2015.
00:06:06.440During his time in office, Harper reduced federal taxes to their lowest level in 50 years,
00:06:11.820created over 1.3 million jobs, and balanced the budget while investing in infrastructure and healthcare.
00:06:17.800He also created the modern Conservative Party of Canada and was the longest-serving Conservative Prime Minister since Sir John A. Macdonald.
00:06:26.420Harper serves as chairman and CEO of Harper & Associates Consulting and chairs Vision One, an investment fund he co-founded.
00:06:33.980He also serves as the director of Collier International Group, Alimentation Couchetard, and Recover Incorporated.
00:06:41.820Following his retirement in 2016, Harper returned to Alberta and has lived there ever since.
00:06:46.780Now hopping into beloved Mayor Jyoti Gondek, who was faced with a wave of backlash following some comments she made regarding the city's budget,
00:06:56.560when she claimed that there was no room for cuts.
00:06:59.220Gondek celebrated her budget on Monday, saying she stuck to her promises by not increasing the budget by more than 3.6% while addressing key concerns,
00:07:07.740suggesting that there were no improvements to be made when it came to reducing city spending.
00:07:12.940The mayor challenged anyone to cut anything that didn't include the budget's three critical components,
00:07:17.940infrastructure, transit, and public safety, which she said compromises 75% of the budget.
00:07:24.480This challenge many residents took up on social media.
00:07:27.280So kudos to everyone who chimed in, as there were almost 500 comments on Gondek's post to X,
00:07:32.920generally offering the very ideas that she suggested did not exist.
00:07:36.980So I compiled a top 5 list of the most common or salient suggestions.