Alberta Budget

Prentice's Budget Outlook Sounds Kind Of Scary

CP | Dean Bennett, The Canadian Press | Posted 02.27.2015 | Canada Alberta

While not confirming he will call a spring election, Prentice says any leader who wants to implement the changes needs a mandate.

A Surprise Surplus In Alberta's Budget

CP | Dean Bennett, The Canadian Press | Posted 02.24.2015 | Canada Alberta

This year's Alberta budget has yo-yoed from a projected surplus to a deficit and back to a surplus.

Does Prentice Plan To Stay On As Premier?

CBC | Posted 02.23.2015 | Canada Alberta

It's seems a certainty to many at this point - there will be a spring election in Alberta. Two former PC cabinet ministers are already gone, about a...

Health Premiums Only A 'Concept,' Says Prentice

CP | Bob Weber, The Canadian Press | Posted 02.19.2015 | Canada Alberta

Prentice says nothing has been decided on yet.

NDP Wants Albertans To Fight Against Corporate Tax Freeze

CP | The Canadian Press | Posted 02.19.2015 | Canada Alberta

NDP Leader Rachel Notley says it's unfair for Prentice to freeze corporate taxes and oil royalties.

NDP Send Prentice A Warning About Too Many Cuts

CP | Dean Bennett, The Canadian Press | Posted 02.13.2015 | Canada Alberta

EDMONTON - The Alberta NDP says Premier Jim Prentice will find Albertans less forgiving the second time around if he wants to slash his way out of low...

Cuts To Alberta Budget Will Be Wide And Deep

CP | Dean Bennett, The Canadian Press | Posted 02.12.2015 | Canada Alberta

Prentice has ruled out a sales tax, hikes to corporate income taxes and changes to oil royalties, saying those would cause more harm than help.

Tough Medicine For Alberta's Health Care Workers

CP | Dean Bennett, The Canadian Press | Posted 02.05.2015 | Canada Alberta

EDMONTON - Alberta Health Services is freezing salaries and holding the line on union raises to help the province cope with billions of dollars in los...

Alberta MLAs Take 5 Per Cent Pay Cut

CP | Dean Bennett, The Canadian Press | Posted 02.05.2015 | Canada Alberta

EDMONTON - Alberta politicians voted to take a five per cent pay cut in a move the opposition NDP labelled a cynical gambit to seize the moral high gr...

Prentice Should Be More Like Klein: Taxpayers Group

The Huffington Post Alberta | Michelle Butterfield | Posted 02.04.2015 | Canada Alberta

The Canadian Taxpayer’s Federation has a message for Alberta Premier Jim Prentice: "Be more like Ralph Klein." The CTF's Colin Craig asked Albert...

Corporate Tax Hike Not In The Cards

CP | Dean Bennett, The Canadian Press | Posted 02.04.2015 | Canada Alberta

"When it comes to corporate tax, other Canadian provinces have caught up to the Alberta Advantage, and I think it would be unwise at this point to increase our corporate income tax."

Rally In Oil Prices Won't Save Budget: Prentice

CP | The Canadian Press | Posted 02.03.2015 | Canada Alberta

Each $1 drop in the average price over the course of a year costs the province $215 million.

Alberta: Government by Trial Balloon

Susan Wright | Posted 01.29.2015 | Canada Alberta
Susan Wright

Politicians lacking vision (like Mr. Prentice) launch trial balloons left, right and centre in the hope that somewhere along the line they'll get it right. This demonstrates a lack of conviction in the party's platform or a lack of confidence in the government's ability to explain difficult issues to the electorate.

Prentice is Wrong about Alberta's Single Tax

Mark Milke | Posted 01.27.2015 | Canada Alberta
Mark Milke

Earn $17,787 in Alberta and you'll pay nothing in provincial income tax. Earn $50,000 and 6.4 per cent of your income is tax ($50,000 minus the $17,787 exemption; the 10 per cent tax is paid on the remaining $32,213). Earn $100,000 and 8.2 per cent of your income is tax. There's a word for such sliding proportions of tax paid: progressive.

Oil Prices Punch Massive Hole In Alberta Budget

CP | Dean Bennett, The Canadian Press | Posted 02.08.2015 | Canada Alberta

EDMONTON - Premier Jim Prentice says if oil prices continue to remain low, they will blow a $6 billion to $7 billion hole in the $40-billion provincia...

Prentice's Path: Getty or Klein?

Charles Lammam | Posted 02.02.2015 | Canada Alberta
Charles Lammam

The key question for the new premier is: will he follow the lead of former Premier Don Getty--and raise taxes as both the premier and finance minister are hinting--or Ralph Klein, who controlled spending and reduced taxes? The answer will affect the fortunes of all Albertans.

Alberta Budget Slips On Oil Dip

CP | Dean Bennett, The Canadian Press | Posted 01.26.2015 | Canada Alberta

EDMONTON - Alberta is slashing its oil forecasts for this budget year as the world price remains mired in a trough around $75 a barrel, Finance Minist...

Has Alberta Turned A Financial Corner?

CP | The Canadian Press | Posted 10.27.2014 | Canada Alberta

EDMONTON - The Alberta government says rising energy prices and a stronger than expected economy means the province will have to borrow almost $3 bill...

Sweet News About Alberta's Financial State

CP | Dean Bennett, The Canadian Press | Posted 08.30.2014 | Canada Alberta

EDMONTON - Alberta has turned the corner following the global economic meltdown of 2008, according to budget numbers released Monday.The final report ...

Controversial Budget Approved

CP | The Canadian Press | Posted 06.24.2014 | Canada Alberta

EDMONTON - The Alberta government has officially approved its $43-billion budget for 2014-15.The document completed third reading Wednesday night and ...

Alberta Spends How Much On Communications Staff?!

The Huffington Post Alberta | Posted 04.04.2014 | Canada Alberta

The Alberta government spends $23 million on communications staff each year – an amount the Canadian Taxpayers Federation (CTF) says is far too high...

Opaque Budget Represents Failure To Learn From The Past

Sean Speer | Posted 05.12.2014 | Canada Alberta
Sean Speer

How can regular Albertans hold their government to account and have a debate about priorities and trade-offs when the province's Auditor General can't even determine the true state of the government's finances?

Not Your Mother's Budget Surplus

Mark Milke | Posted 05.12.2014 | Canada Alberta
Mark Milke

Beyond higher taxes or more debt, there has always been another option: prudent spending. However, that is something the Alberta government has been less than adept at in some years. For instance, had the province increased program spending after 2005/06 and to 2012/2013 but only in line with inflation and population growth, it would have spent $22 billion less compared to what it actually sent out the door.

Alberta Budget Highlights

CP | The Canadian Press | Posted 05.06.2014 | Canada Alberta

EDMONTON - Some highlights from the 2014-2015 Alberta budget:The bottom line: A $1.1-billion surplus on day-to-day operations — the first surplus in...

1st Surplus In 6 Years

CP | Dean Bennett, The Canadian Press | Posted 05.05.2014 | Canada Alberta

EDMONTON - Alberta is back in the black when it comes to day-to-day spending, but the good times are being underwritten with billions of dollars in de...