alberta deficits

10:14AM
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Kenney government should use windfall to reintroduce sustainability fund

Alberta’s budget deficit will be $5.8 billion in 2021/22—$12.4 billion less than originally forecast.


8:58AM
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Report paints bleak picture of Alberta’s fiscal future

The province's per-person spending is significantly higher than in Ontario, B.C. and Quebec.


10:21AM
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Alberta needs robust fiscal rules that survive tough times

By making fiscal rules constitutional in nature, governments can protect them from being ignored.


8:28AM
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Alberta needs new (old) rule to stabilize government resource revenues

In 2020/21, Alberta’s non-renewable resource revenue will comprise only 4.7 per cent of provincial revenue.


3:01PM
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Kenney shouldn’t bank on resource revenues to balance budget—despite high commodity prices

A reliance on non-renewable resource revenue has caused trouble for the provincial finances for decades.


10:38AM
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Spending reductions key to Kenney government fiscal plan

In the 1990s, Premier Ralph Klein’s government reduced program spending by 21.6 per cent.


11:52AM
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Kenney government must control spending to stop Alberta’s fiscal fall

Alberta’s elevated spending levels produced large budget deficits and mounting debt.


1:22PM
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Alberta’s finances—back to the ’90s?

The province expects a $15.5 billion budget deficit next year.


9:45AM
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Alberta ‘fiscal capacity’ plummeting, Kenney government must react

Alberta’s fiscal capacity dropped by an estimated 45.1 per cent between 2007 and this year.