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Not your mother's budget surplus
Appeared in the Calgary Herald When apologists for the provincial government's new borrowing binge defend it on the grounds that private sector companies borrow money for capital expenses so why not have the Alberta government do the same? their ...
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Alberta's double-dip decline in financial assets
In just six years, the value of Alberta's net financial assets--the broadest, most comprehensive measurement of Alberta's financial wealth--has dropped by 65 percent, from $34.5 billion in the 2006/07 fiscal year to $12.1 billion in 2012/13, a ...
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Alberta throws Jim Dinning's reforms overboard
Appeared in the National Post and Calgary Herald For those who dont normally read budget documents, heres what the Alberta government just did in its 2013 budget: they abandoned the sensible budget and financial framework that former Progressive ...
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Why Alberta is broke
Appeared in the National Post and Calgary Herald The red-ink budgets that have engulfed Alberta since the last recessionAlbertas Finance Minister Doug Horner just announced this years deficit could hit $4-billion are not accidental. Such red ink is ...
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The end of Alberta exceptionalism
Appeared in the National Post If there was any confidence that Albertas government would avoid imitating the failed policies of other provincesthink of Quebec and Ontario and their massive debtsthat faint hope for continued Alberta exceptionalism was ...