Between 2004/05 and 2014/15, Alberta’s provincial government increased program spending by nearly 100 per cent.
In 2015/16, Alberta is scheduled to run its seventh deficit in eight years.
Between 2004/05 and 2015/16, the Alberta government increased program spending by roughly 100 per cent.
The provincial government introduced numerous tax increases, essentially ending Alberta’s tax advantage relative to key competing jurisdictions.
Premier Jim Prentice dropped hints for months that the 2015 provincial budget was a once-in-a-generation chance to “fix” Alberta’s finances.
If there was ever a place that was the anti-Greece when it comes to public finances, it must be Alberta. Compare Alberta to many places around the world, be it European fiscal disasters, or even nearer to home, and in most decades, Alberta shines in comparison.