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Despite smaller projected budget deficit, Albertans can’t afford to discount province’s fiscal challenges
A boost in projected revenues this year have reduced the expected deficit for 2021/22, but this will only provide a small amount of relief. ...
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Alberta economy recovering from COVID but government finances remain cause for concern
The province's net debt will reach a projected $102.1 billion by 2023/24. ...
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Kenney shouldn’t bank on resource revenues to balance budget—despite high commodity prices
A reliance on non-renewable resource revenue has caused trouble for the provincial finances for decades. ...
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No PST—Alberta government has a spending problem, not a revenue problem
The provincial government ran deficits in 12 of the past 13 years. ...
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Kenney has no choice—he must tackle government compensation
Of the Alberta government's $54.3 billion in total spending, 50 per cent was on wages and benefits for government workers. ...
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Kenney government tables another bad news budget—but don’t just blame COVID
Alberta's new budget projects a $18.2 billion deficit in 2021/22. ...
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Kenney can’t become complacent about Alberta’s government debt
Appeared in the Calgary Sun, February 3, 2021 The COVID recession and recent drop in oil prices, which contributed to a historic $21.3 billion projected provincial budget deficit (for 2020/21), sent the Kenney government’s plan to balance Alberta’s budget ...
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Another pipeline setback, another blow to Alberta government finances
Appeared in the Calgary Sun, June 10, 2020 Alberta’s fiscal situation has been deteriorating for a decade, and the COVID-induced recession has dealt another major blow to the province’s finances. Premier Kenney recently predicted the budget deficit could ...
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Kenney buys another ticket for the resource roller-coaster
Appeared in the Edmonton Journal, March 3, 2020 The Kenney government has promised to balance the budget by 2022/23. Its plan to get there, however, relies on rapid increases in natural resource revenues. In other words, the government plans to take ...
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Alberta on track to balance budget—but significant fiscal challenges remain
Appeared in the Calgary Sun, February 29, 2020 Today, the Alberta government tabled its 2020 budget, forecasting its sixth consecutive deficit this year with another deficit planned in 2021/22. In 2020/21, the government projects the budget deficit will ...