Search

Search results

  1. Pressure mounts to change ‘stabilization’ program and increase payments to Alberta

    Alberta received just $249 million in payments despite a revenue loss of $7.2 billion. ...

  2. Ottawa should make equalization more fair and shrink payments

    Albertans will likely vote on equalization in October. ...

  3. 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. ...

  4. 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. ...

  5. Kenney should draw inspiration from Klein reforms and reduce spending quickly

    Appeared in the Edmonton Sun, February 9, 2021 Back in the early 1990s, in the face of serious fiscal challenges, former premier Ralph Klein changed the trajectory of Alberta’s government finances and set the stage for a decade of fiscal stability. Today, ...

  6. 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 ...

  7. Despite spending less on public schools, Quebec outperforms most other provinces

    Appeared in the Financial Post, January 11, 2021 As the provinces face large budget deficits, governments across Canada should find ways to deliver services more efficiently. Fortunately, Canada’s federation—composed of federal, provincial and local ...

  8. 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 ...

  9. Canada’s ‘Fiscal Stabilization’ program—what is it, and is it working well?

    The Trudeau government recently announced reforms to Canada’s contentious Fiscal Stabilization Program (FSP), which delivers payments to provinces that experience a sharp year-over-year decline in revenue. It’s useful to think of the FSP ...

  10. Ontario’s finances—back to the ’90s?

    During the early 1990s, the federal government and many provinces faced severe fiscal challenges so daunting that many described the situation as a crisis. As governments across the country run historically large deficits in response to ...