There is a recognized need to build new structures and retrofit existing buildings to a more eco-friendly standard. That will add costs in the short term but pay off in reduced operating and environmental costs long term. That is a hopeful sign that a new full cost accounting approach for capital expenditure will become the norm.
There is a lot to do in refocusing the fiscal framework for Alberta but my guess is most of it will be deferred for the next budget. That process will likely start by this Thursday and be about more savings and more spending both operational and capital accounts. There ias one thing for sure...Iris Evans is going to be busy – very, very busy this spring and summer.