Either you raise taxes or cut services to millions of Albertans. Or both. You can't make a balanced budget exist out of no where, although the  Redford Conservatives have tried by calling their previous budget balanced by excluding capital funding. Skirting the fundamental problems with Alberta's governing party can only go so far and a part in government can only run around the issue for so long before reality hits.

EDMONTON - Alberta Premier Alison Redford, in her first TV address, warned Thursday of tough fiscal times and multibillion-dollar revenue shortfalls d...

If there was any confidence that Alberta's government would avoid imitating the failed policies of other provinces -- think of Quebec and Ontario and their massive debts -- that faint hope for continued Alberta exceptionalism was kiboshed at the recent Progressive Conservative convention in Calgary.

EDMONTON - Two Alberta Tory cabinet ministers say politicians from the Opposition Wildrose party are self-serving hypocrites trained in "flea-market" ...

EDMONTON - Premier Alison Redford's plan to take on debt puts Alberta on the same slippery slope of budget-busting jiggery-pokery that sent Greece ove...

The recent announcement by Finance Minister Doug Horner that Alberta maybe looking at a budget deficit as large as $3 billion this year has touched a ...

The province announced yesterday that their projected budget deficit may actually be more than 300% higher - or as much as $3 billion - than originall...

EDMONTON - Falling oil revenues and a volatile global marketplace are hammering Alberta's bottom line and may leave taxpayers with a deficit as large ...