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  1. Job Creation and Housing Starts in Canada’s Largest Metropolitan Areas

    Canada’s economy has generated millions of new jobs over the last two decades, with the total number of employed people nationwide growing by 4.1 million between 2001 and 2019 (a 27.6% increase). Though growth in employment is unambiguously positive, it ...

  2. Massive budget deficit means Kenney government must further reduce spending

    Appeared in the Edmonton Sun, August 28, 2020 The Kenney government Thursday released a fiscal update, which includes a massive budget deficit of $24.2 billion in 2020/21, more than triple the pre-recession forecast of $6.8 billion. While the COVID ...

  3. 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 ...

  4. Equalization is broken and needs fixing now

    Appeared in the National Post, June 18, 2020 While the full extent of the damage is not yet known, the economic consequences of the COVID recession have been severe. Millions are now unemployed and countless businesses have been shuttered, some forever. ...

  5. Equalization and Stabilization Post-Recession: Is Canada Ready?

    Is Canada’s existing system of federal transfers designed to respond adequately to economic volatility across the country and more precisely to rapid changes in relative income levels across provinces? The purpose of this paper is to investigate this ...

  6. Another pipeline setback, another blow to Alberta government finances

    Appeared in the Calgary Sun, June 10, 2020 Alberta’s fiscal situation has been deteriorating for a decade, and the COVID-induced recession has dealt another major blow to the province’s finances. Premier Kenney recently predicted the budget deficit could ...

  7. 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 ...

  8. Canada still relies on its wounded golden goose

    Appeared in the Calgary Sun, April 29, 2020 Albertans have suffered tremendous economic pain in recent years. Steep recessions in 2009 and 2015/2016 (which was among the worst recessions in provincial history) rocked the province and the recovery has been ...

  9. Albertans can’t bet on another ride on the resource revenue roller-coaster

    Alberta governments have a history of spending as though the good times would never end. When oil prices decline, politicians develop a sudden interest in getting off the “resource revenue roller-coaster.” Unfortunately, Alberta ...

  10. A Friend in Need: How Albertans Continue to Keep Federal Finances Afloat, 2020

    In studies published in 2017 and 2019, we measured Alberta’s net contribution to Canada’s economy during the most recent economic boom in the province. The first of these studies showed that when it comes to overall economic growth, job creation, ...