alberta's deficit

12:40PM
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Alberta deficit likely far worse than expected

Chronic deficits through good times and bad have led to a roughly $70 billion erosion of the province’s financial assets.


9:47AM
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To balance the budget, Alberta must ditch it’s big-spending ways

Per-person spending in Alberta last year was 18.5 per cent higher than in next-door B.C.


9:47AM
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Spending cuts—not tax hikes—to balance Alberta’s budget

Alberta spent $2,451 per person more than the average spent by the three largest provinces.


9:57AM
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Notley government doubles-down on the resource rollercoaster

Alberta buys yet another ticket to ride the resource rollercoaster.


12:42PM
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Alberta's overall net financial assets deteriorated by $9.2 billion last year.


11:26AM
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Between 2004/05 and 2014/15, Alberta’s provincial government increased program spending by nearly 100 per cent.


2:04PM
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The real culprit for Alberta’s fiscal problems—and ultimately the recent credit downgrade—is several years of rapid spending growth by successive governments.


10:00AM
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Alberta Premier Jim Prentice and Finance Minister Robin Campbell have made it clear the province will reduce government spending in its March budget.


10:00AM
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With oil prices plunging and provincial resource revenues expected to drop, Alberta’s red ink will rise. In response, Premier Jim Prentice has floated the notion of a provincial sales tax and/or hikes in other taxes.