Since its 2022 mid-year fiscal update, the government has increased program spending by $10.1 billion.
It’s Time to Get Off the Resource Revenue Rollercoaster: Re-establishing the Alberta Sustainability Fund
Future governments can easily and unilaterally change any law passed by the legislature.
The province is currently experiencing a windfall of resource revenue.
The province's revenues could be up to $28 billion higher over the next two years.
According to recent forecasts, the province's resource revenue will likely be higher than forecast in Budget 2022.
Alberta’s budget deficit will be $5.8 billion in 2021/22—$12.4 billion less than originally forecast.
By limiting the amount of resource revenue included in the budget, the fund could restore discipline to government spending.
Provincial program spending increased from $8,012 in 1999/00 to $10,618 by 2006/07.