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The provinces are lousy at controlling spending
Appeared in the Calgary Herald Provincial cries for more federal money are as old as Confederation, and rarely have any substance to them. After all, it’s easier to demand that Ottawa ante up federal cash—to cry about some mythical “fiscal imbalance” ...
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Some Alberta economic facts of life
Appeared in the Calgary Herald In a famous explanation of why voters choose the governments they do, a 1990s-era adviser to Bill Clinton remarked, “It’s the economy, stupid.” That’s not wholly accurate; voters toss parties out (and vote parties in) on ...
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Don’t define compassion by government spending
Appeared in the Calgary Herald In a recent column in the Edmonton Journal, a local historian mused that modern governments have become too enamoured with “the unfettered market of purely economic conservatism.” He then equated higher taxes and more ...
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Government budgets are like volcanoes: It’s what underneath that counts
Appeared in the Calgary Herald Imagine you’re near what you thought was a dormant volcano but it suddenly erupts. Assuming you escape, you might later reflect that there was nothing “sudden” about it. The eruption resulted from earlier events deep within ...
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The federal government doesn’t owe Ontario—or Alberta—more money
Appeared in the National Post In a year when two heavyweight provinces, Ontario and Alberta, which together constitute 55 per cent of Canada’s GDP, are running substantial deficits, there are three ways to reduce the red ink. Strategy one: cut (and reform ...
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Prohibition-era liquor policies continue in Ontario and B.C.
Appeared in the Ottawa Citizen If Canadians ever needed proof that narrow politicking interferes with sensible consumer choice, they need look no further than the byzantine “reforms” on the sale of beer, wine and spirits proposed by Ontario, and one ...
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Money kept by Canadian taxpayers is not a “loss”
Appeared in the Calgary Herald With tax season at hand, here’s a useful tip for any tax-weary Canadian. When some people refer to income or other money not taxed as a “loss” to government, remember that they may merely be using technical language. In ...
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The Texas Advantage over Alberta
Appeared in the Calgary Herald Alberta and Texas have always had a lot in common. Ranching in the 19th century. A can-do entrepreneurial approach to oil and gas in the 20th century. And in the 21st century they are still somewhat similar; oil and gas ...
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Alberta’s budget: $11.4 billion in extra taxes
Appeared in the Calgary Herald Premier Jim Prentice dropped hints for months that the 2015 provincial budget was a once-in-a-generation chance to “fix” Alberta’s finances. That didn’t happen. Instead, the province raised taxes on Albertans in a manner ...
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A Tale of Two Energy Booms
Non-renewable resource prices, especially oil prices, and associated revenues to governments have fallen significantly over recent months. This is not the first time such gyrations in oil and gas prices and then government revenues have occurred. Recent ...