Provincial Prosperity

— May 16, 2019
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How Albertans Continue to Keep Federal Finances Afloat

How Albertans Continue to keep Federal Finances Afloat finds that the federal government’s deficit in 2017 would have reached a staggering $39 billion—instead of the $19 billion actually recorded—if not for the disproportionate net revenue contributions from Alberta. In fact, between 2014 and 2017, even at the depths of Alberta’s recession, the province sent Ottawa $92 billion more than it received in federal transfer payments and services. During the same period, Quebec received $71.9 billion more in federal transfers than it contributed to Ottawa.

— Apr 9, 2019
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A Turning Point or More of the Same? Ontario's Fiscal Choices in Budget 2019

A Turning Point or More of the Same? Ontario's Fiscal Choices in Budget 2019 finds that the Ontario provincial government could balance the budget by 2020/21 with a one per cent reduction in program spending in each of the next two years. A 9.8 per cent reduction over the next two years would not only achieve balance, but would also allow the government to lower taxes and increase tax competitiveness.

— Apr 3, 2019
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Albertans Make Disproportionate Contributions to National Programs: The Canada Pension Plan as a Case Study

Albertans Make Disproportionate Contributions to National Programs: The Canada Pension Plan as a Case Study finds that in 2017, workers in Alberta paid $2.9 billion more into the Canada Pension Plan than Alberta retirees received in CPP payments. In fact, from 2008 to 2017, the total net contribution to the CPP from Albertan workers—the amount over and above what Alberta retirees were paid—was a staggering $27.9 billion. Ontario, the next highest contributing province, had a net contribution of just $7.4 billion over the same decade.

— Mar 14, 2019
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Alberta Prosperity: A Plan for Opportunity and Growth is a new book by the Fraser Institute that explores reforms in crucial policy areas, including Alberta’s finances, the health-care and education systems, the investment climate and resource regulation in the province, among others. The book provides policymakers with a clear plan to improve competitiveness, which would help attract entrepreneurs, investors and businesses, and raise living standards for Albertans.

— Mar 14, 2019
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A Spending Framework for Alberta: Balancing the Need for Deficit Elimination and Tax Reform

A Spending Framework for Alberta: Balancing the Need for Deficit Elimination and Tax Reform finds that the Alberta government could balance its budget by 2021/22—and create the fiscal room for much-needed tax relief—if program spending were cut by 10.9 per cent over the next three years. While a 10.9 per cent spending reduction would be significant, it is substantially smaller than the reductions implemented by the Klein government in the 1990s. It would also bring Alberta’s per-person spending closer into line with neighbouring British Columbia, which currently spends 21 per cent less per person than Alberta does.

— Mar 14, 2019
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Report Card on British Columbia's Elementary Schools 2019

The Report Card on British Columbia’s Elementary Schools, 2019 ranks 955 public and independent elementary schools based on 10 academic indicators derived from the provincewide Foundation Skills Assessment (FSA) results. The report card provides parents with information they can’t easily get anywhere else: In addition to five years of academic results, the report card shows which schools are improving or falling behind.