alberta

6:00AM
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Alberta and Texas have always had a lot in common. Ranching in the 19th century. A can-do entrepreneurial approach to oil and gas in the 20th century. And in the 21st century they are still somewhat similar.

7:00AM
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With tumbling oil prices and resource revenues, Premier Jim Prentice had a choice when he delivered Alberta’s 2015 budget. He could emulate former premier Don Getty and raise taxes or follow the Ralph Klein playbook and reduce spending.

8:00AM
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Over the past decade, the province of Alberta treated boom-time resource revenues like a permanent state of affairs. That set the province up for fiscal failure, for multiple lost opportunities.


8:38AM
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It’s occasionally assumed that an environmentally sensitive approach is opposite that of a commercial approach—that ecological protection is necessarily at odds with ranching and farming.


8:19AM
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In Alberta, to cushion the blow from falling revenues, some claim higher taxes will balance the books. How soon we forget. Alberta tried that in the late 1980s. It didn’t work.


2:00PM
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Amid the current focus on provincial red ink, one issue has slipped off the public radar screen in Alberta: Property rights.

1:42PM
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According to a Fraser Institute study released in February, between 2004/05 and 2013/14, the Alberta government’s program spending jumped to $43.9 billion from $29 billion.

12:00PM
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Over the last decade, higher energy prices and entrepreneur-friendly policies drove Alberta’s booming economy, generating a significant windfall in government revenue.