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alberta budget

Premier Jason Kenney called the situation “uncharted territory” on Monday.
Gas prices will be "roaring lower" in the coming weeks, but budget deficits will be doing the opposite.
Experts argue a sales tax could lessen the province's dependence on shifting oil prices.
The combination of worsening economic conditions and the government's refusal to change course on spending means Alberta will rack up debt more quickly, with a projected budget deficit of $28.9 billion over the next three years. For context, that's roughly 50 per cent more than currently sits in the Heritage Fund, a "nest egg" that took decades to build.
The NDP government of Rachel Notley is showing the rest of Canada, and Newfoundland and Labrador in particular, that when tough times hit, we look after each other. Across the country, the Liberal government of Dwight Ball is showing no such compassion, bringing in tax hikes and service cuts that hurt those with the lowest incomes most.
It's mostly good news, but there are a few concerns.
People don't like paying their taxes in part because the connection between what we pay and the goods and services we receive has been broken. Add to that a massive shift toward a consumer society in which people derive a lot of social standing from what they consume and it's an uphill battle for taxes.
Finance Minister Robin Campbell was joined by five other members from the province's budget committee as he released an analysis
May I suggest that until our government perfects the "field-of-dreams-build-it-and-they-will-come" model of providing education and healthcare, we'll be better off with fewer understaffed schools and hospitals--unless of course the government has figured out how to educate children in teacherless schools and cure the sick in nurseless hospitals.
After the defeat of floor-crosserDanielle Smith in this past weekend's Tory nominations, things have taken a surprising turn
Prime Minister Stephen Harper is undoubtedly hoping that this year’s round of tax cuts and expanded family benefits will
The folks over at The Hill have done it again. Months after bringing us a side-splitting parody of the Alberta PC party's
The Canadian Taxpayer’s Federation has a message for Alberta Premier Jim Prentice: "Be more like Ralph Klein." The CTF's
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.
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.
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.
Video From Global Calgary The Alberta government spends $23 million on communications staff each year – an amount the Canadian
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?
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.
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."