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  1. Are deficits the new normal in Alberta?

    The Notley government introduced its long awaited first budget today, and in line with expectations, the budget forecasts a $6.1 billion deficit for this fiscal year. The budget also forecasts deficits in the next three years, which will ...

  2. What to look for in today's Alberta budget

    Finance Minister Joe Ceci will unveil Alberta’s long awaited budget today. While Premier Rachel Notley (pictured above) has hinted the budget won’t contain “any big surprises,” there will be many important details to sift through. How ...

  3. Don’t blame oil prices for Alberta’s deficit

    Appeared in the Financial Post, October 21, 2015 Alberta’s budget, to be unveiled on Oct. 27, will contain the province’s seventh deficit in the last eight years, most recently projected at $5.9 billion. A popular narrative blames declining oil prices for ...

  4. Raising taxes not a guarantee of higher revenues

    Appeared in the Calgary Sun and Edmonton Sun, October 23, 2015 The Alberta government recently abandoned the province’s single 10 per cent tax rate on personal income in favour of a five-bracket system with a top rate of 15 per cent—a move that will ...

  5. Alberta’s income tax hikes may generate less revenue than expected

    As of October 1, the Government of Alberta moved away from the province’s single 10 per cent income tax rate to a system of five tax brackets with a top marginal rate of 15 per cent. While the increased rates will likely generate ...

  6. Alberta's Personal Income Tax Increases Likely to Yield Less Revenue than Expected

    On October 1, 2015, the government of Alberta abandoned its single 10% personal income tax rate in favour of a 5-bracket personal income tax system with a top marginal tax rate of 15%. Changing tax rates prompts people to alter their behaviour, which can ...

  7. Alberta would be in surplus, not deficit, had the government restrained spending

    Appeared in the Globe and Mail October 13, 2015 When Finance Minister Joe Ceci unveils Alberta’s budget on Oct. 27, Albertans can expect a sizeable deficit. In fact, the government’s latest data suggest a $5.9 billion deficit, but Minister Ceci has ...

  8. Alberta's Budget Deficit: Why Spending Is to Blame

    Alberta is headed toward its seventh deficit in eight years and the province is at risk of returning to a net debt position as early as next year. A popular narrative holds that the recent fall in oil prices is responsible for the deterioration of Alberta ...

  9. Wrong time to bury the Alberta Advantage

    Appeared in the Calgary Herald, October 1, 2015 October 1 marks an important day for Alberta. It’s when the province officially moves away from a single 10 per cent tax rate on personal income to a system with five separate brackets. Rates will increase ...

  10. Notley government must change course to avoid more red ink

    Appeared in the Calgary Herald The Notley government in Alberta took office facing severe fiscal challenges.  Unfortunately, this week’s fiscal update from Alberta Finance Minister Joe Ceci shows that the new government’s early actions have made a bad ...