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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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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 ...
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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 ...
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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 ...