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1. With higher oil prices, Alberta government must avoid fiscal mistakes of the past

   The price of Brent Crude oil could reach US$100 per barrel in 2022 due to a surge in demand. ...

2. 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. ...

3. 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. ...

4. Kenney should draw inspiration from Klein reforms and reduce spending quickly

   Appeared in the Edmonton Sun, February 9, 2021 Back in the early 1990s, in the face of serious fiscal challenges, former premier Ralph Klein changed the trajectory of Alberta’s government finances and set the stage for a decade of fiscal stability. Today, ...

5. 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 ...

6. 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 ...

7. Massive budget deficit means Kenney government must further reduce spending

   Appeared in the Edmonton Sun, August 28, 2020 The Kenney government Thursday released a fiscal update, which includes a massive budget deficit of $24.2 billion in 2020/21, more than triple the pre-recession forecast of $6.8 billion. While the COVID ...

8. 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 ...

9. Alberta budget includes relatively small spending reductions

   Alberta’s 2020 budget, released today, proposes to reduce program spending (all spending excluding interest costs) from $54.3 billion in 2018-19 to $53.9 billion by 2022-23, a total (nominal) reduction of 0.8 per cent over the Kenney ...

10. Kenney government faces more hard choices with second budget

    Appeared in the Calgary Sun, February 26, 2020 Former heavyweight boxing champion Mike Tyson once famously said “everyone has a plan until they get punched in the mouth.” In other words, it’s often easier to devise a plan for success than it is to ...