"We will reduce our dependency on energy revenue by year four and five."
Governments, like families, have choices. And governments, as with families, sometimes make picks that close off other options. Spend a lot of money on having dinner out every night and that might foreclose the purchase of a nicer automobile.
If there was ever a place that was the "anti-Greece" when it comes to public finances, it must be Alberta. Compare Alberta to many places around the world, be it European fiscal disasters, or even nearer to home, and in most decades, Alberta shines in comparison.
CALGARY - A report from the Fraser Institute suggests Alberta is doing little to save for a rainy day through its Heritage Savings and Trust Fund.The independent, fiscally conservative think-tank says...