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Rae Days in Alberta: The Notley Government at Two Years
When Premier Notley took office two years ago in Alberta, her new government faced severe fiscal challenges. The province had a large and growing budget deficit and was headed towards net debt status for the first time in approximately 15 years. It was ...
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Alberta turns away from economic freedom
Appeared in the Calgary Sun, December 14, 2016 Each year, the Fraser Institute publishes the “Economic Freedom of North America” report, which compares economic freedom in the provinces of Canada and states of the United States and Mexico. Historically, ...
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Why higher Alberta taxes are a dumb idea
Appeared in the Calgary Herald The last time Alberta was in a fiscal mess due to low energy revenues and over-the-top government spending, some politicians and pundits said what Albertans really needed was higher taxes. That was back in the late 1980s and ...
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Alberta's 2012 Fiscal Time Bomb: A higher deficit and a steep decline in financial assets
In its February pre-election budget, Alberta relied on unrealistic economic assumptions, ignoring private sector forecasts that were more realistic than its own. It appears to have been overly optimistic about oil and gas forecasts, among others. As a ...