Alberta’s decades long economic success is a result of resource wealth, relatively sound public policies and a growing skilled labour force. Compared to other energy-producing jurisdictions such as Alaska, North Dakota, Saskatchewan, Texas, and Wyoming, Alberta does well economically but there are areas of concern, which if ignored, may affect the province’s long-term prosperity.
alberta economy
Juillet 24, 2014
9:00AM
Juin 14, 2014
6:00AM
There has been much handwringing over the claimed disappearance of the middle class. From a bestselling international tome to domestic tax-and-spend types who think higher taxes will create more middle-income earners, there is no shortage of those who over-focus on redistribution and underestimate the benefits of opportunity.
Novembre 25, 2012
2:00AM
When governments enter an election year, the political temptation to play fast and loose with budget numbers is strong. The most famous example of this was probably the 1996 budget in British Columbia. That year, then-B.C. Premier Glen Clarks office injected sunshine into revenue forecasts, this in order to trumpet a balanced budget on the campaign trail. His office did so over the objections of Finance Ministry officials. Post-election, once that became known, the fudge-it budget scandal permanently tarred the NDP government.
Septembre 24, 2011
6:00PM
In his 1996 book, Against the Gods-The Remarkable Story of Risk, Peter Bernstein offers a reason why the ancient Greeks never progressed in mathematical understanding. It was, he observes, due to a lack of interest in testing their theories against the actual world. That process would have refined their ideas, given them testable hypotheses, and allowed them to properly link cause and effect.
Mai 3, 2007
2:00AM
The 2007 Alberta budget signals the beginning of the end of the Alberta Advantage -- an advantage based largely on the combination of Canadas smallest government and the countrys lowest tax rates.
A significant part of the explanation for the current boom enjoyed by Albertans are the policies embedded in the Alberta Advantage and implemented by former Premier Ralph Klein.
Septembre 28, 2002
2:00AM
Much has been made of the Alberta Advantage, the simple yet wonderfully effective combination of reduced government spending, lower taxes, streamlined regulation, and debt reduction, which propelled the Albertan economy forward beginning in the mid-1990s and lasting up until today. Unfortunately for Albertans, and other Canadians that see Alberta as an economic beacon, the province is the midst of losing that advantage and returning to the dark days of unsustainable spending increases, tax increases and deficits.