abspend

Spending growth by successive Alberta governments primary reason for big deficit

Albertans are well aware that their provincial government is set to run a budget deficit this year that may exceed $10 billion. Many may assume this is simply due to a decline in government revenue, driven by lower resource prices. But in a recent study, we showed that spending growth by successive Alberta governments is in fact the primary reason for Alberta’s big deficit.Our study showed that the pattern of spending increases was not started by the sitting government—successive Progressive Conservative governments got the ball rolling more than a decade ago.However, we also showed that the new NDP government has

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