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Alberta Treasury Branches
ATB Financial is a financial institution and Crown corporation wholly owned by the province of Alberta, the only province in Canada with such a financial institution under its exclusive ownership. Originally established as Alberta Treasury Branches in 1938, ATB Financial operates only in Alberta and provides financial services to over 800,000 Albertan residents and businesses. It is the largest public bank in North America and Alberta’s largest financial institution based in the province. Headquartered in Edmonton, ATB Financial has over 5000 team members. ATB is not a chartered bank, meaning it is not regulated by the Canadian federal government under the ''Bank Act'' and associated regulations. ATB is instead regulated entirely by the Government of Alberta under the authority of the ''ATB Financial Act'' and associated regulations; the legislation is modeled on the statutes, regulations, and guidelines which govern banks and other federally chartered financial institutio ...
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Crown Corporation
A state-owned enterprise (SOE) is a government entity which is established or nationalised by the ''national government'' or ''provincial government'' by an executive order or an act of legislation in order to earn profit for the government, control monopoly of the private sector entities, provide products and services to citizens at a lower price and for the achievement of overall financial goals & developmental objectives in a particular country. The national government or provincial government has majority ownership over these ''state owned enterprises''. These ''state owned enterprises'' are also known as public sector undertakings in some countries. Defining characteristics of SOEs are their distinct legal form and possession of financial goals & developmental objectives (e.g., a state railway company may aim to make transportation more accessible and earn profit for the government), SOEs are government entities established to pursue financial objectives and devel ...
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William Aberhart
William Aberhart (December 30, 1878 – May 23, 1943), also known as "Bible Bill" for his outspoken Baptist views, was a Canadian politician and the seventh premier of Alberta from 1935 to his death in 1943. He was the founder and first leader of the Alberta Social Credit Party, which believed the Great Depression was caused by ordinary people not having enough to spend. Therefore, Aberhart argued that the government should give each Albertan $25 per month to spend to stimulate the economy, by providing needed purchasing power to allow needy customers to buy from waiting businesses. During his premiership, Aberhart campaigned for and instituted several anti-poverty and debt relief programs, and other governmental reforms, such as consolidation of Alberta's numerous small school districts into centralized school divisions, and natural resources conservation. His attempts at banking reform met with less success, facing strong opposition from the federal government, the courts, pri ...
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Accurate News And Information Act
The ''Accurate News and Information Act'' (complete title: ''An Act to Ensure the Publication of Accurate News and Information'') was a statute passed by the Legislative Assembly of Alberta, Canada, in 1937, at the instigation of William Aberhart's Social Credit government. It would have required newspapers to print "clarifications" of stories that a committee of Social Credit legislators deemed inaccurate, and to reveal their sources on demand. The act was a result of the stormy relationship between Aberhart and the press, dating to before the 1935 election, in which the Social Credit League was elected to government. Virtually all of Alberta's newspapers—especially the ''Calgary Herald''—were critical of Social Credit, as were a number of publications from elsewhere in Canada. Even the American media had greeted Aberhart's election with derision. Though the act won easy passage through the Social Credit-dominated legislature, Lieutenant-Governor of Alberta John C. Bowen r ...
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Reference Question
In Canadian law, a reference question or reference case (formally called abstract review) is a submission by the federal or a provincial government to the courts asking for an advisory opinion on a major legal issue. Typically the question concerns the constitutionality of legislation. Constitutional and statutory authority Reference jurisdiction of the Supreme Court of Canada The ''Constitution Act, 1867'', gives the federal Parliament the power to create a "General Court of Appeal for Canada", but does not define the jurisdiction of the Court. When Parliament created the Supreme Court of Canada in 1875, it gave the federal Cabinet the power to refer questions to the Supreme Court for the Court's opinion. That provision has been carried forward and is now found in the current ''Supreme Court Act''. Under that provision, the federal Cabinet may submit a question to the Supreme Court of Canada by means of an order-in-council. Once the questions have been submitted to the Cour ...
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Supreme Court Of Canada
The Supreme Court of Canada (SCC; french: Cour suprême du Canada, CSC) is the Supreme court, highest court in the Court system of Canada, judicial system of Canada. It comprises List of Justices of the Supreme Court of Canada, nine justices, whose decisions are the ultimate application of Canadian law, and grants permission to between 40 and 75 litigants each year to appeal decisions rendered by provincial, territorial and federal Appeal, appellate courts. The Supreme Court is bijural, hearing cases from two major legal traditions (common law and Civil law (legal system), civil law) and bilingual, hearing cases in both Official bilingualism in Canada, official languages of Canada (English language, English and French language, French). The effects of any judicial decision on the common law, on the interpretation of statutes, or on any other application of law, can, in effect, be nullified by legislation, unless the particular decision of the court in question involves applicatio ...
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Disallowance And Reservation In Canada
Disallowance and reservation are historical constitutional powers in Canada that act as a mechanism to delay or overrule legislation passed by Parliament or a provincial legislature. In contemporary Canadian history, disallowance is an authority granted to the governor general in council (federal cabinet) to invalidate an enactment passed by a provincial legislature. Reservation is an authority granted to the lieutenant governor to withhold royal assent from a bill which has been passed by a provincial legislature. The bill is then "reserved" for consideration by the federal cabinet. In Canadian constitutional law, the powers of reservation and disallowance of federal legislation still formally remain in place in Sections 55 and 56 of the ''Constitution Act, 1867'', and are extended to provincial legislation by Section 90. The initial intent of disallowance, and its practice for the first few years of Confederation, was considered a means of ensuring constitutional compliance. ...
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Lieutenant-Governor In Council
The King-in-Council or the Queen-in-Council, depending on the gender of the reigning monarch, is a constitutional term in a number of states. In a general sense, it would mean the monarch exercising executive authority, usually in the form of approving orders, in the presence of the country's executive council. Norway In Norway, the "King in Council" ( no, Kongen i statsråd) refers to the meetings of the King and the Council of State (the Cabinet), where matters of importance and major decisions are made. The council meets at the Royal Palace and these meetings are normally held every Friday. It is chaired by the king or, if he is ill or abroad, the crown prince. In Norway's Constitution, when formulated as ''King in Council'' (''Kongen i Statsråd'') refers to the formal Government of Norway. When the formulation is merely ''King'', the appointed ministry that the law refers to may alone act with complete authority of the matter assigned in the particular la A decision that is ...
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Civil Actions
- A lawsuit is a proceeding by a party or parties against another in the civil court of law. The archaic term "suit in law" is found in only a small number of laws still in effect today. The term "lawsuit" is used in reference to a civil action brought by a plaintiff (a party who claims to have incurred loss as a result of a defendant's actions) requests a legal remedy or equitable remedy from a court. The defendant is required to respond to the plaintiff's complaint. If the plaintiff is successful, judgment is in the plaintiff's favor, and a variety of court orders may be issued to enforce a right, award damages, or impose a temporary or permanent injunction to prevent an act or compel an act. A declaratory judgment may be issued to prevent future legal disputes. A lawsuit may involve dispute resolution of private law issues between individuals, business entities or non-profit organizations. A lawsuit may also enable the state to be treated as if it were a private party in a ...
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1937 Social Credit Backbenchers' Revolt
The 1937 Social Credit backbenchers' revolt took place from March to June 1937 in the Canadian province of Alberta. It was a rebellion against Premier William Aberhart by a group of backbench (not part of the cabinet) members of the Legislative Assembly (MLAs) from his Social Credit League. The dissidents were unhappy with Aberhart's failure to provide Albertans with monthly dividends through social credit as he had promised before his 1935 election. When the government's 1937 budget made no move to implement the dividends, many MLAs revolted openly and threatened to defeat the government in a confidence vote. The revolt took place in a period of turmoil for Aberhart and his government: besides the dissident backbenchers, half of the cabinet resigned or was fired over a period of less than a year. Aberhart also faced criticism for planning to attend the coronation of George VI at the province's expense and for stifling a recall attempt against him by the voters o ...
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Great Depression
The Great Depression (19291939) was an economic shock that impacted most countries across the world. It was a period of economic depression that became evident after a major fall in stock prices in the United States. The economic contagion began around September and led to the Wall Street stock market crash of October 24 (Black Thursday). It was the longest, deepest, and most widespread depression of the 20th century. Between 1929 and 1932, worldwide gross domestic product (GDP) fell by an estimated 15%. By comparison, worldwide GDP fell by less than 1% from 2008 to 2009 during the Great Recession. Some economies started to recover by the mid-1930s. However, in many countries, the negative effects of the Great Depression lasted until the beginning of World War II. Devastating effects were seen in both rich and poor countries with falling personal income, prices, tax revenues, and profits. International trade fell by more than 50%, unemployment in the U.S. rose to 23% and ...
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John Edward Brownlee
John Edward Brownlee, (August 27, 1883 – July 15, 1961) was the fifth premier of Alberta, serving from 1925 until 1934. Born in Port Ryerse, Ontario, he studied history and political science at the University of Toronto's Victoria College before moving west to Calgary to become a lawyer. His clients included the United Farmers of Alberta (UFA); through his connection with that lobby group, he was involved in founding the United Grain Growers (UGG). After the UFA entered electoral politics and won the 1921 election, new premier Herbert Greenfield asked Brownlee to serve as his attorney-general. Brownlee agreed and was elected to the Legislative Assembly of Alberta in a by-election in the riding of Ponoka. As attorney-general, he was an important member of Greenfield's government. He was closely involved in its most important activities, including efforts to better the lot of farmers living in Alberta's drought-ridden south, divest itself of money-losing railways, and win ...
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United Farmers Of Alberta
The United Farmers of Alberta (UFA) is an association of Alberta farmers that has served different roles in its 100-year history – as a lobby group, a successful political party, and as a farm-supply retail chain. As a political party, it formed the government of Alberta from 1921 to 1935. Since 1935, it has primarily been an agricultural supply cooperative headquartered in Calgary, Alberta. , UFA operates 34 farm and ranch supply stores in Alberta and over 110 fuel stations in British Columbia, Alberta and Saskatchewan. Founding as lobby group UFA was founded in 1909 as a government lobby group following a merger between the Alberta Farmers' Association and Alberta branches of the Canadian Society for Equity. The UFA began as a non-partisan organization whose aim was to be a lobby group promoting the interest of farmers in the province. In 1913, under president William John Tregillus, the UFA successfully pressured Alberta's Liberal government to organize the Alberta Farme ...
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