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Poll says Albertans looking for a new fiscal direction in upcoming budget
The Notley government is set to release its 2017 budget tomorrow. Barring any major surprises, it will contain spending-fuelled deficits as far out as the government provides projections. There’s also no indication that there will be any ...
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Did the provincial government really slow down spending growth?
Appeared in the Edmonton Sun, March 6, 2017 Alberta’s recent speech from the throne laid out the Notley government’s vision for the upcoming legislative session. In doing so, the government rightly noted that Alberta’s big deficits are partly the result ...
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Government’s spendthrift ways are burying Albertans in debt
Appeared in the Calgary Herald, February 24, 2017 Alberta Finance Minister Joe Ceci (pictured above) recently unveiled Alberta’s Third Quarter Fiscal and Economic Update. Many observers expected the deficit to be reduced somewhat due to increased oil ...
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Census results prove that Canada needs a strong Alberta economy
Appeared in the Calgary Sun, February 16, 2017 The first batch of census data was released recently, giving Canadians a peek at how the country evolved between 2011 and 2016. One of the biggest stories is the substantial growth of Alberta. The province& ...
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Despite big deficit, Alberta leads the country in spending growth
Appeared in the Edmonton Journal, February 8, 2017 In a recent study, we showed that rapid spending growth by successive Alberta governments—and not depressed commodity prices—are the primary reason for Alberta’s big deficit. NDP Finance Minister Joe Ceci ...
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Spending increases continue to drive Alberta’s chronic deficits
Appeared in the Edmonton Sun, January 27, 2017 Finance Minister Joe Ceci recently mused that Alberta’s deficit for 2016/17 may be lower than the eye-popping $10.8 billion projected in the Second Quarter Fiscal Update, due to higher than expected oil ...
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Alberta's Budget Deficit: Why Spending is to Blame, 2017
Alberta is projected to run a deficit of $10.8 billion in 2016/17. This will be the province’s 8th deficit in nine years. The province is expected to return to a net debt position this year for the first time since 2000/2001. While the sharp ...
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Sorry, Premier Notley, this was not a good year for Alberta
Appeared in the National Newswatch, December 23, 2016 Alberta Premier Rachel Notley recently claimed that this was a good year for her government. For Albertans, however, it was another very difficult year. Aside from the approval of two crucial pipeline ...
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The worst might be over for Alberta’s economy, but not for government finances
Appeared in the Edmonton Journal, November 21, 2016 Albertans got some welcome news recently, when ATB Financial suggested that the worst of the oil price downturn is over and that oil prices would continue to increase in 2017. This is, of course, ...
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How Texas avoided big deficits when oil prices fell
Appeared in the Calgary Sun, November 17, 2016 A common myth holds that the deterioration of Alberta’s finances in recent years was inevitable due to falling commodity prices. After all, Alberta is an energy economy and, so the narrative goes, big ...