Alberta Prosperity

— Aug 19, 2021
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Repairing Alberta's Heritage Fund for the Long Term

Repairing Alberta's Heritage Fund for the Long Term finds that the Alberta government can learn from Alaska and introduce better rules for the province’s Heritage Fund, which would include inflation-proofing the fund and paying dividends to Alberta residents.

— Jul 20, 2021
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What Happens If Alberta Returns to the Flat Tax System?

What Happens If Alberta Returns to the Flat Tax System? find that the Alberta government can reinstate a 10 per cent single-rate personal income tax and restore the “Alberta Tax Advantage” while incurring only a modest loss in revenue.

— Jun 15, 2021
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A New (Old) Fiscal Rule for Non-Renewable Resource Revenue in Alberta

A New (Old) Fiscal Rule for Non-Renewable Resource Revenue in Alberta is a new study that examines how Alberta’s budget deficits and mounting debt are due in part to its treatment of non-renewable resource revenue in the budget. The study recommends reinstating fiscal rules that require a certain amount of resource revenues be saved in order to stabilize provincial finances.

— Feb 9, 2021
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Lessons for Fiscal Reform from the Klein Era

Lessons for Fiscal Reform from the Klein Era finds that today's Alberta government can learn some key lessons from the Klein reforms of the 1990s, which helped quickly eliminate the province's budget deficit and lay the foundation for more than a decade of surpluses.

— Dec 3, 2020
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The Great Convergence: Measuring the Fiscal Gap Between “Have” and “Have-Not” Provinces

The Great Convergence: Measuring the Fiscal Capacity Gap Between “Have” and “Have-Not” Provinces is a new study that finds the gap between the ability of Canada’s richer and poorer provinces to raise revenues is shrinking rapidly. If Alberta’s fiscal capacity gap continues to shrink relative to the rest of Canada, the province could soon become eligible for equalization transfers, which would affect transfers to other so-called “have not” provinces.

— Apr 28, 2020
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A Friend in Need: How Albertans Continue to Keep Federal Finances Afloat, 2020

A Friend in Need: How Albertans Continue to Keep Federal Finances Afloat, 2020 finds that from 2014 to 2018, Alberta’s net contribution to federal finances was $94.9 billion, by far the largest contribution from any province during that time period. Crucially, Ontario’s net contribution was $58.3 billion, but it’s population in 2018 was more than three times larger than Alberta’s. British Columbia was the only other net contributing province ($29.6 billion) during that time, meaning every other province received more from Ottawa than it sent to Ottawa.

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