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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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Report paints bleak picture of Alberta’s fiscal future
The province's per-person spending is significantly higher than in Ontario, B.C. and Quebec. ...
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Alberta needs robust fiscal rules that survive tough times
By making fiscal rules constitutional in nature, governments can protect them from being ignored. ...
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Alberta celebrates ‘Balanced Budget Tax Freedom Day’ later than any other province
This year's combined projected federal and provincial government deficits total $234 billion. ...
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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. ...
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Kenney government must learn from Alberta’s fiscal freefall
Both B.C. and Saskatchewan now carry less per-person provincial government debt than Alberta. ...
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Alberta’s reign as Canada’s fiscal leader is over—and Albertans will pay the price
Appeared in the Calgary Sun, February 17, 2021 As the Kenney government prepares to table its latest budget next week, Albertans should understand a cold reality. The province’s reign as a fiscal leader among the provinces is over. In 2020/21, the ...
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Spending reductions key to Kenney government fiscal plan
Appeared in the Calgary Sun, January 6, 2021 The largest global recession since the Great Depression, an unprecedented drop in energy prices, and a global health pandemic have contributed to Alberta’s historic $21.3 billion budget deficit, explains ...
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Rising debt-interest payments further threaten Alberta government’s deteriorating fiscal situation
Appeared in the Calgary Sun, December 9, 2020 Last week in this space, we outlined the Alberta government’s deteriorating finances, as spelled out in the Kenney government’s recent fiscal update, which projects that the province will rack up $50.0 billion ...
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Alberta ‘fiscal capacity’ plummeting, Kenney government must react
Appeared in the Edmonton Journal, December 3, 2020 Many Canadians have long thought of their country as divided between affluent “have” provinces and poorer “have-nots.” The traditional dividing line has been whether a province receives equalization ...