Search
Search results
-
Quarterly update highlights danger of riding rickety revenue rollercoaster
The Notley government’s failure to restrain spending is quickly growing Alberta’s debt burden. ...
-
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 ...
-
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 ...
-
Another day, another Alberta credit downgrade
On Wednesday, ratings agency DBRS downgraded the Government of Alberta’s credit rating from AA (high) to AA, maintaining a negative outlook for the provincial government’s finances. It seems that the Notley government’s slightly revised ...
-
Poll says Albertans looking for a new fiscal direction in upcoming budget
The Notley government is set to release its 2017 budget tomorrow. Barring any major surprises, it will contain spending-fuelled deficits as far out as the government provides projections. There’s also no indication that there will be any ...
-
Notley misdiagnoses Alberta’s fiscal problems and offers no workable solutions
A clear takeaway from Alberta Premier Rachel Notley’s recent state of the province address is that virtually all of Alberta’s fiscal woes can be blamed on depressed oil prices. The reality is different. While there’s no doubt that the ...
-
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 ...
-
Book targets policies and policymakers amid Alberta’s malaise
In recent years, Albertan politicos have graced constituents with claims that the province was debt free. They actually meant the provincial government had sufficient financial assets on hand to offset the debts, but with the fiscal ...
-
Albertans will pay for Notley government spending choices
Earlier this month, Alberta unveiled its provincial budget. It was an opportunity for the Notley government to recognize the deterioration in provincial finances and adjust spending plans accordingly. Instead, it decided to double down ...
-
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 ...