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Alberta projects $5.5 billion surplus in 2023/24 but luck may soon run out

In Research by Michael Rae

Author: Tegan Hill Every US$1 decline in oil prices reduces government revenues by an estimated $630 million.Read more about Alberta projects $5.5 billion surplus in 2023/24 but luck may soon run outTags: budget surplusalberta’s financesalberta government financesalberta finances Read More – The Fraser Institute

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1 in Every 39 Americans Will Die of a Drug Overdose at Current Rate

In Research by Michael Rae

By James D. Agresti November 29, 2023  Credit: Fotolia/pololia Overview Despite the passage of state and federal laws that were supposed to reduce fatal drug overdoses, the annual U.S. drug overdose death rate has quintupled over recent decades: Over the most current year of available data, more than 110,000 people in the U.S. died of drug overdoses, a rate of 33 per 100,000 population. In order to measure these deaths in clear, relevant terms, Just Facts enlisted the expertise of a licensed actuary and a Ph.D. mathematician to calculate, double-check, and triple-check the average lifetime …

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Saskatchewan’s surprise deficit should serve as warning for Alberta

In Research by Michael Rae

Author: Tegan Hill The provincial government revised its $1.0 billion projected budget surplus to a $250.5 million projected deficit.Read more about Saskatchewan’s surprise deficit should serve as warning for AlbertaTags: saskatchewan economysaskatchewan debtsaskatchewan budgetdebt and deficitfiscal update Read More – The Fraser Institute

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You’re not being told the truth about Canada’s ‘green transformation’

In Research by Michael Rae

Author: Jock Finlayson Canada’s “green” economy comprises about 3 per cent of the country’s gross domestic product.Read more about You’re not being told the truth about Canada’s ‘green transformation’Tags: green energyclimate changealternative energyclean economy Read More – The Fraser Institute

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Alberta government must stop spending increases—or risk budget deficit

In Research by Michael Rae

Author: Tegan Hill The government will spend $2,401 more per person than planned in Budget 2022.Read more about Alberta government must stop spending increases—or risk budget deficit Tags: alberta government financesalberta government spendingalberta’s financesalberta government debtalberta finances Read More – The Fraser Institute

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Alberta government should release its analysis of federal climate change policies

In Research by Michael Rae

Author: Lennie Kaplan Ottawa’s plan to reduce emissions would cost Alberta an estimated 80,000 jobs in 2030.Read more about Alberta government should release its analysis of federal climate change policiesTags: alberta governmentclimate change policyclimate modelsemission reduction Read More – The Fraser Institute

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Alberta government should adopt fiscal sustainability analysis and reporting framework

In Research by Michael Rae

Author: Lennie Kaplan Sound analysis supports the efficient allocation of scarce financial resources. Read more about Alberta government should adopt fiscal sustainability analysis and reporting framework Tags: alberta’s financesalberta government financesalberta government spending Read More – The Fraser Institute

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New ‘fiscal framework’ won’t solve Alberta’s ongoing problem

In Research by Michael Rae

Author: Tegan Hill From 2008/09 to 2020/21, the province racked up $60 billion in provincial net debt.Read more about New ‘fiscal framework’ won’t solve Alberta’s ongoing problemTags: alberta’s financesalberta government financesalberta deficitalberta government debtalberta debt Read More – The Fraser Institute

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Potential investment manager for an Alberta pension plan—here are the facts

In Research by Michael Rae

Author: Tegan Hill Workers born in 1993 or later can expect a real rate of return of just 2.5 per cent from the CPP.Read more about Potential investment manager for an Alberta pension plan—here are the factsTags: CPPcpp costsCPP returnscanada pension planalberta pensionalberta pension plan Read More – The Fraser Institute

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Federal government maintains high levels of spending and abandons fiscal anchor

In Research by Michael Rae

Authors: Jake FussGrady Munro Projected federal spending from 2024 to 2027 is now $30.7 billion higher than previous forecasts.Read more about Federal government maintains high levels of spending and abandons fiscal anchor Tags: federal government spendingfederal spendingfederal government debtfederal finances Read More – The Fraser Institute