The real culprit for Alberta’s fiscal problems—and ultimately the recent credit downgrade—is several years of rapid spending growth by successive governments.
alberta government spending
Décembre 9, 2015
3:00AM
While some provinces have taken steps to rein in spending and balance budgets, Ontario is a laggard and Alberta has embarked on a new road to debt.
Novembre 3, 2015
2:48PM
If the first step towards remedying a problem is admitting that you have one, Alberta is a long way away from fixing its budget woes.
Octobre 23, 2015
3:37PM
Alberta’s budget, to be unveiled on Oct. 27, will contain the province’s seventh deficit in the last eight years, most recently projected at $5.9 billion.
Octobre 13, 2015
4:27PM
When Finance Minister Joe Ceci unveils Alberta’s budget on Oct. 27, Albertans can expect a sizeable deficit. In fact, the government’s latest data suggest a $5.9 billion deficit, but Minister Ceci has cautioned it could be “in the range of $6.5 billion.” In either case, the amount isn’t trivial.
Septembre 5, 2015
9:00AM
The Notley government in Alberta took office facing severe fiscal challenges. Unfortunately, this week’s fiscal update from Alberta Finance Minister Joe Ceci shows that the new government’s early actions have made a bad fiscal situation worse.
Juillet 6, 2015
11:00AM
There are many parallels between Alberta’s first NDP premier, Rachel Notley, and Ontario’s only NDP premier, Bob Rae.
Juin 22, 2015
12:00PM
Rachel Notley’s New Democratic government faces severe fiscal challenges it did not create, but it has an opportunity to solve them. Will her NDP government clean up the fiscal mess left behind by its Progressive Conservative predecessor?
Mars 11, 2015
8:19AM
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.