alberta sustainability fund

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.


8:34AM
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New Alberta premier should save surplus and resurrect rainy-day fund

The province went from spending $61 per person on provincial debt interest to roughly $562.


11:17AM
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Alberta’s next premier will face big fiscal opportunity

The province is currently experiencing a windfall of resource revenue.


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.


9:10AM
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Kenney government should save—not spend—part of upcoming resource revenue spike

By contributing to the Heritage Fund, the government would essentially transform a share of onetime resource revenue into a financial asset.


10:14AM
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Kenney government should use windfall to reintroduce sustainability fund

Alberta’s budget deficit will be $5.8 billion in 2021/22—$12.4 billion less than originally forecast.


9:53AM
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Alberta government should use unexpected windfall to stop resource rollercoaster

By limiting the amount of resource revenue included in the budget, the fund could restore discipline to government spending.


12:57PM
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‘Sustainability’ fund could help Alberta get off resource revenue rollercoaster

Provincial program spending increased from $8,012 in 1999/00 to $10,618 by 2006/07.