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1. Despite Alberta pleas, Trudeau government maintains ‘stabilization’ status quo

   The program offset just 3.5 per cent of Alberta’s year-over-year revenue loss. ...

2. Kenney government must learn from Alberta’s fiscal freefall

   Both B.C. and Saskatchewan now carry less per-person provincial government debt than Alberta. ...

3. Alberta fiscal update projects budget deficits over next three years—with consequences

   According to the Kenney government’s mid-year update released on Tuesday, Alberta’s fiscal troubles are far from over. The update projects a $21.3 billion budget deficit in 2020/21, a $15.5 billion deficit in 2021/22 and a $9.9 billion ...

4. High spending and persistent deficits have driven Alberta’s government debt problem

   The Kenney government is asking Albertans for input on how to tackle the province’s growing debt and begin a path towards a more prosperous future. But before determining a path forward, it’s necessary to understand the province’s fiscal ...

5. Alberta’s historic budget deficit underscores daunting fiscal challenges

   The Kenney government Thursday released a fiscal update, which includes a historic $24.2 billion budget deficit, highlighting the significant impact the COVID recession has had on Alberta’s already troubling finances. To address these ...

6. Kenney government must continue move towards balanced budget

   To make matters worse, Alberta recently received its third credit downgrade since December. ...

7. Alberta spent during the good times, which means deeper red ink during these bad times

   Alberta’s fiscal trajectory over the past decade has been troubling to say the least. Through good times and bad, the provincial government has run large deficits that have eroded the province’s financial assets. Now, the combined forces ...

8. Alberta deficit likely far worse than expected

   The Kenney government recently released its second budget since taking office. At the time of the budget’s publication, the government hoped to continue its gradual path back to budget balance by 2022/23. Unfortunately, the dual shock of ...

9. Balance Alberta’s budget sooner—limit growth of debt interest costs

   The Government of Alberta has run nearly uninterrupted deficits since 2008/09, through good economic times and bad. These deficits have taken a serious toll on Alberta’s once strong public finances. Before this string of deficits, the ...

10. ‘Blue Ribbon’ recommendations can help repair Alberta’s finances

    Earlier today, the Government of Alberta released the recommendations of its “Blue Ribbon Panel” on Alberta’s finances. The report provides a thorough overview of the challenges Alberta’s government faces related to deficits and debt ...