According to economist Trevor Tombe, balancing the budget by 2022 could work, but Alberta’s new government would likely have to either implement a sales tax or make major cuts to spending. Continue reading
The budget had originally forecast a deficit of $8.8 billion, but the finance minister says a lower dollar and higher than expected bitumen royalties have helped. Continue reading
Still reeling from the recession that hit the province in 2015, the NDP government is currently running a $7.5-billion deficit, with a plan to return to balance by 2023. Continue reading
Albertans will have a chance to have their say this week on how public dollars should be allocated in the next provincial budget. Continue reading
Premier Rachel Notley is taking aim at Opposition Leader Jason Kenney’s promise to rein in spending if he wins government, saying even a spending freeze would have profound and harmful consequences. Continue reading
Alberta’s finance minister says the widening gap in the price Canadian oil is fetching won’t affect this year’s budget, but if left unchecked will mean hard times ahead. Continue reading
While the province looks at ways to temporarily address the oil price differential, an Alberta economist has some long-term fiscal recommendations. But the premier says big cuts or a sales tax aren’t on the table. Continue reading
Oil prices are giving the industry something it hasn’t seen too much of in recent years — good news. Continue reading
In his farewell report, Merwan Saher says enormous oil revenues, such as have been enjoyed by Alberta in the past, can be a double-edged sword. Continue reading
Alberta pharmacists are protesting upcoming budget cuts they say will impact patient care across the province. Protests took place in Calgary, Lethbridge, Medicine Hat and Red Deer. Continue reading