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Spending cuts, not tax hikes, key to balancing the books in Alberta
In Alberta, to cushion the blow from falling revenues, some claim higher taxes will balance the books. How soon we forget. Alberta tried that in the late 1980s. It didn’t work. It wasn’t until the 1990s, when Alberta got serious about ...
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Alberta’s government program spending reaches new heights
According to a Fraser Institute study released in February, between 2004/05 and 2013/14, the Alberta government’s program spending jumped to $43.9 billion from $29 billion. This spending, beyond the rate of inflation and population ...
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Fumbling the Alberta Advantage: How Alberta Squandered a Decade of High Energy Prices
It is well-known that Alberta’s provincial budget is highly dependent on resource revenues. Over the last decade, as a proportion of total revenues, resource revenues have accounted for as much as 40% (2005/06) and as low as 19% (2009/10). In the most ...
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Ralph Klein saved health care and education
Appeared in the Calgary Herald and Edmonton Journal Alberta Premier Jim Prentice and Finance Minister Robin Campbell have made it clear the province will reduce government spending in its March budget. In response, many people have alluded to the 1990s ...
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Worried about Alberta’s budget? Stop counting on high resource prices
Appeared in the Calgary Herald Forty-one billion dollars. That’s the extra amount, over and above what was needed to keep pace with population growth and inflation between 2006 and 2013, this to fund Alberta government program spending in those years. So ...
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Post-boom Spending in Alberta: A $41 billion splurge and lost opportunities
The province of Alberta substantially increased program spending after 2004/05, beyond the combined effect of inflation plus population growth. The result was that in subsequent years (2005/06 to 2012/13 inclusive), the province spent $300.5 billion—$41 ...
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Welcome to Albertaand to the 1980s
Appeared in the Calgary Herald If, as the newly released census data indicates, youre one of many arrivals to Alberta in the last half-decade, heres the shortcut to understanding Albertas politicians: On budget day, they replay their favourite spend ...