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  1. Alberta’s government debt interest costs continue to soar

    According to budget forecasts, debt interest payments will reach $3.3 billion by 2023/24. ...

  2. 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. ...

  3. 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 ...

  4. 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 ...

  5. Alberta’s government debt was unsustainable—before COVID

    Appeared in National Newswatch, November 12, 2020 The Kenney government will release a three-year fiscal update later this month, and will be tempted to blame Alberta’s fiscal challenges on COVID-19. While the COVID-induced recession has certainly ...

  6. Kenney government should learn from past deficit-reduction plans

    Appeared in the Edmonton Sun, August 12, 2020 The Government of Alberta is racking up debt—quickly. The province has accumulated $35 billion in new debt over the past half-decade and will run another $20 billion budget deficit this year. If the Kenney ...

  7. Kenney government must continue move towards balanced budget

    To make matters worse, Alberta recently received its third credit downgrade since December. ...

  8. Alberta taxpayers on the hook for growing government debt interest payments

    Appeared in the Edmonton Sun, July 29, 2020 The Government of Alberta is awash in red ink. The province has gone from being “debt free” in 2015 to $35 billion in debt at the end of the 2019 fiscal year. This year, that debt load will grow much larger ...

  9. Another credit downgrade highlights urgent need for spending reform in Alberta

    The Government of Alberta’s credit rating was recently downgraded for the third time since December. The ratings agency, Fitch, noted that “ additional policy responses ” will be required to right the province’s finances. Credit ...

  10. Mounting government debt threatens Alberta’s fiscal status among provinces

    Appeared in the Edmonton Journal, May 5, 2020 Recently, RBC Economics published a report on provincial finances. The report, which is clear, concise and highly informative, estimates that all the provinces taken together will this year run a cumulative ...