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1. Quarterly update highlights danger of riding rickety revenue rollercoaster

   The Notley government’s failure to restrain spending is quickly growing Alberta’s debt burden. ...

2. Alberta’s debt may eclipse 100 per cent of GDP

   Up until 2016/17, the Government of Alberta had no net debt. That is, its financial assets (such as the Heritage Fund) were greater than its liabilities. The province burned through $35 billion of financial assets beginning in 2008/09, ...

3. Alberta deficit hit $8 billion despite improving resource revenues

   The Government of Alberta released its 2017/18 annual report Thursday, closing the book on the 2017/18 fiscal year. According to the report, the deficit for the fiscal year turned out to be $2.5 billion less than initially anticipated ...

4. Ford’s corporate tax cut commitment another reason for Alberta to reverse tax hike

   The recent election of a new government in Ontario—Canada’s largest province—will have policy repercussions throughout the country including Alberta, as Ontario premier-designate Doug Ford promises to fulfill the Ontario Liberal Party’s ...

5. 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 ...

6. 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 ...

7. 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 ...

8. New report highlights Alberta’s long-term budget challenges

   The PBO has given the Notley government another warning that spending is badly out of line with revenue. ...

9. During the energy boom, Alberta was a job magnet for Canadians

   In the years prior to the recent recession, strong economic growth in Alberta helped drive the national economy and enhanced the fiscal health of the federal government. The province is a major net contributor to federal finances—between ...

10. Alberta in net debt for the first time in nearly 20 years

    The Government of Alberta released its 2016/17 Annual Report last week. The official deficit for that fiscal year totalled roughly $10.8 billion, bringing the province into a net debt position for the first time in nearly 20 years. The ...