Notley misdiagnoses Alberta’s fiscal problems and offers no workable solutions

A clear takeaway from Alberta Premier Rachel Notley’s recent state of the province address is that virtually all of Alberta’s fiscal woes can be blamed on depressed oil prices.The reality is different.While there’s no doubt that the decline in revenue resulting from the collapse in oil prices presents a challenge for provincial finances, a key reason for Alberta’s current fiscal predicament is that successive provincial governments have poorly controlled the growth in spending.Indeed, for more than a decade the province has been rapidly increasing program spending as if the boom would never end. Had the provincial government been more prudent,

Read More - The Fraser Institute