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  1. Spending cuts—not tax hikes—to balance Alberta’s budget

    Appeared in the Edmonton Journal, October 8, 2019 As the Kenney government’s first budget approaches, some pundits and analysts are calling for higher taxes to help shrink the Alberta’s deficit. These calls are ill-advised. Instead of hiking taxes, the ...

  2. Alberta’s blue-ribbon panel should recommend spending reform

    Premier Jason Kenney’s newly-elected government in Alberta recently commissioned a blue-ribbon panel, chaired by former Saskatchewan finance minister Janice MacKinnon, aimed at addressing Alberta’s fiscal woes. This year, the government ...

  3. Kenney government can learn deficit-reduction dos and don’ts from Canadian history

    Appeared in the Edmonton Sun, June 19, 2019 As the new UCP government prepares its first budget, it should heed the lessons of Canadian history and move to eliminate the province’s budget deficit quickly rather than take the “slow and steady” approach ...

  4. Alberta Prosperity: A Plan for Opportunity and Growth

    Alberta faces substantial fiscal and economic challenges. The downturn in commodity prices that began in 2014 triggered a severe recession and exacerbated pre-existing fiscal challenges. Unfortunately, provincial government policy has made matters worse ...

  5. A Spending Framework for Alberta: Balancing the Need for Deficit Elimination and Tax Reform

    This paper calculates the extent of spending reductions that Alberta would need to make over the next three years to eliminate the province’s budget deficit by fiscal year 2021/22 while also creating the necessary fiscal room for pro-growth tax relief. ...

  6. Notley government doubles-down on the resource rollercoaster

    Alberta’s Finance Minister Joe Ceci recently delivered the provincial government’s Third Quarter Fiscal Update and Economic Statement. There was a sliver of good news, as the projected deficit for this year was reduced, reflecting higher ...

  7. Investor confidence in Alberta oil and gas sector continues to wane

    Appeared in the Calgary Sun, December 1, 2018 As the Notley government announces plans to buy rail cars to get Alberta oil to market and perhaps cut oil production, there’s more breaking news. According to a new survey of oil and gas executives, Alberta ...

  8. Alberta’s debt may eclipse 100 per cent of GDP

    Up until 2016/17, the Government of Alberta had no net debt. That is, its financial assets (such as the Heritage Fund) were greater than its liabilities. The province burned through $35 billion of financial assets beginning in 2008/09, ...

  9. Alberta deficit hit $8 billion despite improving resource revenues

    The Government of Alberta released its 2017/18 annual report Thursday, closing the book on the 2017/18 fiscal year. According to the report, the deficit for the fiscal year turned out to be $2.5 billion less than initially anticipated ...

  10. Four reasons why Alberta’s vague balance budget plan may fall short

    Last month, when Finance Minister Joe Ceci unveiled Alberta’s 2018 budget, despite weeks stoking expectations of a detailed plan to eliminate the province’s budget deficit, he instead delivered a risky plan almost entirely reliant on ...