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Alberta’s upcoming referendum bigger than equalization
Reforms in the 1990s led to a marked decline in welfare dependency and reduced spending on social assistance. ...
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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. ...
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Alberta needs robust fiscal rules that survive tough times
By making fiscal rules constitutional in nature, governments can protect them from being ignored. ...
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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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Ottawa should make equalization more fair and shrink payments
Albertans will likely vote on equalization in October. ...
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‘Sustainability’ fund could help Alberta get off resource revenue rollercoaster
Provincial program spending increased from $8,012 in 1999/00 to $10,618 by 2006/07. ...
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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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Kenney government must learn from fiscal mistakes—and successes—of the past
Alberta's deficit this year will be the largest in history, relative to the size of the provincial economy, at 6.9 per cent of GDP. ...
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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 ...