alberta government finances

11:16AM
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Smith government may continue Alberta’s spending problem

Alberta went from spending $61 per person on provincial debt interest costs to roughly $563.


4:42PM
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Despite surplus, Smith government must restrain spending

Governments in Alberta have a long history of increasing provincial spending during periods of high resource revenue, which inevitably leads to deficits once resource revenues decline.


10:50AM
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Alberta remains in precarious fiscal position

The government should save some natural resource revenue to protect against future increases in debt.


8:28AM
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Resource revenue drove Alberta’s huge fiscal turnaround in 2021-22

Alberta’s fiscal improvement is good news, but without significant policy changes, it will only last so long as commodity prices stay high.


4:00AM
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At current commodity prices, Alberta could (and should) fully fund a rainy-day account

According to recent forecasts, the province's resource revenue will likely be higher than forecast in Budget 2022.


9:23AM
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Alberta’s economy is already diversified—but government finances are not

Without the recent resource revenue windfall, the province would still face a large deficit this year.