Alberta Budget

Oil Prices Punch Massive Hole In Alberta Budget

CP | Dean Bennett, The Canadian Press | Posted 12.13.2014 | 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 12.03.2014 | 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...

Don't Let Mythical Thinking on Taxes Mess Up Alberta

Mark Milke | Posted 05.04.2014 | Canada Alberta
Mark Milke

As Albertans approach another provincial budget, the usual fables about Alberta's finances often crop up. To inoculate ourselves in advance, let's ponder two myths. Myth number one: "Alberta's wealth is a result of luck." This tall tale assumes that the existence of natural resources automatically results in wealth creation, jobs, and a higher standard of living. That's hardly the case. Plenty of jurisdictions have little in the way of natural resources but prosper, while others have plentiful natural resources yet flounder. Let's investigate myth number two: "Alberta is undertaxed."

Throne Speech Promises Cities Deal

CP | Dean Bennett, The Canadian Press | Posted 05.03.2014 | Canada Alberta

EDMONTON - Premier Alison Redford is promising to deliver on a pledge to strike a new deal with Alberta's two big cities."Your government focuses the ...

The Good And The Bad In Alberta Budget Update

CP | Dean Bennett, The Canadian Press | Posted 04.28.2014 | Canada Alberta

EDMONTON - Alberta is on track to record a $1.4-billion surplus on day-to-day spending this year, but it will be $8.5 billion in the hole on the capit...

Excellent News About Alberta's Budget.. Kind Of

CP | Dean Bennett, The Canadian Press | Posted 01.26.2014 | Canada Alberta

EDMONTON - Alberta's budget is doing much better than expected this year, but any gains will be offset by the costs from last summer's catastrophic fl...

More P3 Projects For Alberta?

CP | Dean Bennett, The Canadian Press | Posted 01.23.2014 | Canada Alberta

EDMONTON - Alberta Premier Alison Redford says she wants to explore new ways of paying for infrastructure projects on a cost-shared basis with the pri...

Alberta Will Burn Through Cash On Flood Relief

CP | Dean Bennett, The Canadian Press | Posted 10.29.2013 | Canada Alberta

EDMONTON - Alberta's finance minister says the bills are coming in for flood recovery in southern Alberta and the price tag is "very high."Doug Horner...

The Drastic Idea Proposed To Pay For Flood Repairs

CP | The Canadian Press | Posted 10.27.2013 | Canada Alberta

CALGARY - The Canadian Taxpayers Federation is recommending some drastic measures to help pay for the billions of dollars in flood damage suffered in ...

Alberta Budget Deficit In Billions

CP | Dean Bennett, The Canadian Press | Posted 08.27.2013 | Canada Alberta

EDMONTON - The final deficit number for Alberta's 2012 fiscal year is $2.8 billion, Finance Minister Doug Horner reported Thursday.That's $2 billion m...

He's Back And He Wants To Talk PST

CP | The Canadian Press | Posted 06.25.2013 | Canada Alberta

LETHBRIDGE, Alta. - A former Alberta finance minister says it's time to talk about a provincial sales tax.Ron Liepert says having a PST could help lev...

Tuition Freeze

CP | Dean Bennett, The Canadian Press | Posted 06.18.2013 | Canada Alberta

EDMONTON - Alberta students will not only avoid paying more tuition next year, they will also not pay a mandated two per cent increase tied to inflati...

How Much Is Your Doctor Getting Paid?

The Huffington Post Alberta | Posted 04.14.2013 | Canada Alberta

It's been a rough couple of months for Alberta's health care community. A lean 2013 provincial budget means no money for doctor wage increases, nur...

University Students Take Fight To Premier

The Huffington Post Alberta | Posted 04.12.2013 | Canada Alberta

Angered by cuts delivered to post-secondary education by the latest provincial budget, faculty and students from Mount Royal University took their pro...

Future Looks Bleak For Students.. Not So For CCS

The Huffington Post Alberta | Ben Morris | Posted 04.09.2013 | Canada Alberta

The budget tabled by the province last month was a tough pill to swallow for many Albertans, post-secondary students being no exception. With slash...

Alberta's Intergenerational Theft: We're Just Getting Started

Kent Hehr | Posted 05.25.2013 | Canada Alberta
Kent Hehr

Future Albertans, future children and grandchildren of this province call the cops, you have been robbed. Actually, robbed may be too generous a term: this has been no shoplifting offense. You have been victim of grand larceny. This theft is on par with the scam pulled by Bernie Madoff. It makes the Great Train Robbery look like child's play.