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New report underscores Alberta’s fiscal woes
Between 2008/09 and 2019/20, the province's net debt increased by $71.8 billion. ...
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Kenney shouldn’t bank on resource revenues to balance budget—despite high commodity prices
A reliance on non-renewable resource revenue has caused trouble for the provincial finances for decades. ...
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Despite Alberta pleas, Trudeau government maintains ‘stabilization’ status quo
The program offset just 3.5 per cent of Alberta’s year-over-year revenue loss. ...
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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. ...
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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 ...
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Alberta’s finances—back to the ’90s?
During the early 1990s, the federal government and many provinces faced fiscal challenges so daunting that many described the situation as a crisis. As governments across the country run historically large deficits in response to the ...
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Atlantic Canadians rely on programs that rely on Albertans
Alberta’s role in federal programs such as equalization and national programs such as the Canada Pension Plan (CPP) and employment insurance (EI) is important to all Canadians including Atlantic Canadians, given the reliance on these ...
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Alberta’s outsized role in Canada matters for all Canadians
Appeared in the Globe and Mail, June 23, 2020 Last week, Alberta’s “ Fair Deal Panel ” submitted its long-awaited report, which recommends Alberta conduct a referendum on equalization and consider withdrawing from the Canada Pension Plan. All of this ...
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Alberta’s reform budget in perspective
Much has been made about the recent Alberta Budget, which proposes to reduce provincial government program spending (all spending excluding interest costs) from $54.4 billion in 2018-19 to $53.5 billion by 2022-23, a 1.6 per cent nominal ...