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  1. 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. ...

  2. New report paints gloomy picture of Alberta’s fiscal future—absent policy change

    According to the PBO, Alberta must reduce spending by 3.1 per cent of GDP to restore fiscal sustainability. ...

  3. 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. ...

  4. 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. ...

  5. 1990s put Alberta’s fiscal problems into alarming perspective

    As a share of the provincial economy, Alberta's recent deficits are larger than those incurred in the early ’90s. ...

  6. Lessons for Fiscal Reform from the Klein Era

    Alberta is facing serious fiscal challenges, including a historic deficit and rapid debt accumulation that extend beyond the COVID shock. This is not the first time Alberta’s finances have been in trouble. Today’s situation has parallels to the ...

  7. Kenney government must control spending to stop Alberta’s fiscal fall

    Appeared in the Edmonton Sun, December 16, 2020 We recently released a study showing that the “fiscal capacity” gap between richer and poorer provinces has shrunk dramatically in recent years. In a nutshell, fiscal capacity refers to each province’s ...

  8. Canada still relies on its wounded golden goose

    Appeared in the Calgary Sun, April 29, 2020 Albertans have suffered tremendous economic pain in recent years. Steep recessions in 2009 and 2015/2016 (which was among the worst recessions in provincial history) rocked the province and the recovery has been ...

  9. Alberta’s finances still rapidly eroding

    The Government of Alberta has been burning through financial assets at an alarming pace ever since the 2008 financial crisis. While the provincial economy quickly recovered from that short-but-deep recession, successive governments still ...

  10. Alberta’s reform budget in perspective

    Much has been made about the recent Alberta Budget, which proposes to reduce provincial government program spending (all spending excluding interest costs) from $54.4 billion in 2018-19 to $53.5 billion by 2022-23, a 1.6 per cent nominal ...