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1. Quarterly update highlights danger of riding rickety revenue rollercoaster

   The Notley government’s failure to restrain spending is quickly growing Alberta’s debt burden. ...

2. Four reasons why Alberta’s vague balance budget plan may fall short

   Last month, when Finance Minister Joe Ceci unveiled Alberta’s 2018 budget, despite weeks stoking expectations of a detailed plan to eliminate the province’s budget deficit, he instead delivered a risky plan almost entirely reliant on ...

3. Another tough year for Alberta finances

   Another year, another deficit. The Government of Alberta has run nearly uninterrupted deficits since 2008/09, and this year is no exception. In fact, that $10.3 billion deficit the province plans to run this year is just shy of the ...

4. Alberta’s debt service costs set to double in just four years

   According to Alberta Finance Minister Joe Ceci (pictured above), the Notley government won’t alter its fiscal plan even if credit agencies again downgrade the province’s credit rating. This is troubling, as it means that Alberta will ...

5. Alberta’s net financial position has deteriorated by $68 billion in 11 years

   Alberta Finance Minister Joe Ceci (pictured above) recently claimed that the provincial government will maintain its spending trajectory, regardless of whether the province suffers another credit downgrade. With the province having ...

6. Budget 2017—Alberta government burning through assets at alarming rate

   By now, Albertans have heard that for a second year in a row, the provincial government plans to run a budget deficit of more than $10 billion. While those numbers are especially large, the unfortunate reality is that budget deficits are ...

7. Fiscal update shows Alberta’s financial position deteriorating more rapidly than expected

   Alberta’s first-quarter fiscal update now expects that the provincial government’s operating deficit this year will be $10.9 billion, up from the previous $10.4 billion estimate from the budget in April. This will negatively affect the ...

8. Alberta’s first-quarter fiscal update reveals worsening fiscal picture

   Alberta Finance Minister Joe Ceci (pictured above) unveiled the province’s first-quarter fiscal update today. Unfortunately, the province’s budgetary situation looks even worse than it did when the government released its budget in April ...

9. Chronic spending-driven deficits eroding Alberta’s financial position

   Not so long ago, the Government of Alberta’s financial position was strong. In 2007/08 the province had net financial assets (the difference between financial assets and liabilities) amounting to $35 billion. In other words, the ...

10. Alberta’s budget does not strike at root of province’s fiscal problems

    There’s no question that Premier Rachel Notley and her government were dealt a tough hand upon taking office when it comes to the state of provincial finances. Rapid spending increases by successive Progressive Conservative governments ...