Oil is a blessing for Alberta – not a curse

Even in bad times, Alberta benefits significantly from its natural resources

Oil is a blessing for Alberta – not a curseBy Steve Lafleur and Kenneth P. Green The Fraser Institute Ever since oil prices began declining from historic highs, it’s become fashionable to claim that Alberta – and Canada – bet it all on oil and lost. It’s an “I told you so” narrative for those who view natural resources as a curse, rather than…

Notley government’s royalty retreat a lost opportunity

The industry wins, and Albertans lose, again

Notley government’s royalty retreat a lost opportunityOne can only imagine the panic in the NDP backrooms as oil prices crumpled while the Alberta Royalty Review panel ground its way through the issues: “Guys, times are tough, is this really the hill we want to die on?” Clearly the answer is no; the Review panel released its finding and – no surprise…

What Alberta can learn from Japan’s economic miracle

The Japanese Miracle offers a useful guide to the role of the Alberta government in the province's recovery

What Alberta can learn from Japan’s economic miracleThe strategic forces impacting Alberta today have crippled the economy but - more importantly - they have an ‘end of era’ feel to them. Yes, we’ve had ups and downs in oil prices before, and yes, Albertan’s have faced questions about our carbon-emitting economy, but there has never been as sustained an assault on our…

Alberta needs the will to rebuild its economy

To maintain its economy as the resource economy declines, Alberta must get serious about diversification

Alberta needs the will to rebuild its economyAlbertans have enjoyed one of the most vibrant economies in the western world for decades. To maintain that high standard as the resource economy declines, we must get serious about diversification. Albertans are blessed with two critically important values: a keen work ethic and an innovative spirit. We'll have to draw on both to achieve…

Perfect Storm about to hit Alberta

But new national energy policy could save the province and ensure economic stability across the country

Perfect Storm about to hit AlbertaAlbertans can be forgiven for feeling a little woozy this holiday season. Eighteen months of economic turmoil have taken their toll on the economy — and more bad news is around the corner. The perfect storm about to hit Alberta could make the past year feel like the good old days. Strike one is the continuing…

Notley government policies reducing Albertans living standards

Recently implemented policies will negatively impact living standards and economic opportunities

Notley government policies reducing Albertans living standardsBy Niels Veldhuis Ben Eisen and Fred McMahon The Fraser Institute Until recently, Alberta was the most economically free jurisdiction in North America. High levels of economic freedom fostered prosperity and growth, helping make Alberta one of the most affluent jurisdictions on the continent. However, the Alberta government recently implemented a series of policy changes…

Economic freedom and Canada’s public policy schizophrenia

The Trudeau and Notley governments appear intent on repeating B.C.'s mistakes from the 1990s and Ontario's today

Economic freedom and Canada’s public policy schizophreniaIn international rankings of economic freedom, Canada has soared past the United States, so it should be no surprise that among sub-national jurisdictions in North America (which encompasses 10 Canadian provinces, 50 U.S. states and 32 Mexican states) three Canadian provinces – Alberta, British Columbia and Saskatchewan – ranked at the top using 2013 data,…

Federal tax hike another blow to Alberta economy

Alberta’s top rate climbs from 39 per cent to 48 per cent because of recent provincial/federal increases

Federal tax hike another blow to Alberta economyBy Steve Lafleur and Ben Eisen The Fraser Institute In last week’s federal Throne Speech, the Liberal government restated its intention to create a new, higher top federal personal income tax rate. This tax hike will hinder Canada’s economic performance, but it is of particular concern in Alberta. The Liberals’ planned new top marginal tax…

Investor confidence waning in Alberta

Alberta has fallen from the 16th most attractive jurisdiction in the world in 2014 to 38th of 126 jurisdictions in 2015

Investor confidence waning in AlbertaBy Kenneth P. Green and Taylor Jackson The Fraser Institute For the past decade, investment in Alberta’s vast oil and gas resources has allowed the province to become Canada’s economic leader. Even when compared to other energy producing provinces and American states, Alberta was a top performer on economic indicators such as real GDP growth…

Carbon tax major blow to Alberta’s investment climate

A carbon tax latest nail in the coffin for the Alberta Advantage

Carbon tax major blow to Alberta’s investment climateBy Ben Eisen and Charles Lammam The Fraser Institute Recent policy changes have buried the Alberta Advantage. The latest nail in the coffin comes from the provincial government’s new climate change strategy. For many years, Alberta's strong investment climate helped set the foundation for robust economic performance. A competitive, well-designed tax regime anchored an assortment…