Why the Alberta Advantage was flawed from the beginning

Any economic strategy needs to focus on helping all Albertans over the long term, and counting on a volatile energy industry is not the answer

Why the Alberta Advantage was flawed from the beginningConservative media pundits are raining fire on Alberta's New Democrat government for surrendering the Alberta Advantage. According to Sun Media columnist Lorne Gunter, “When the NDP took power in May 2015, Alberta had the lowest top combined federal/provincial/sales tax rate of all 60 provinces and states in Canada and the U.S.” And where are we…

Alberta turns away from economic freedom

The government is ushering in policy changes that endanger the engine that has produced growth, job creation and prosperity

Alberta turns away from economic freedomBy Fred McMahon and Ben Eisen The Fraser Institute Things are changing in Alberta – and not for the better. Each year, the Fraser Institute publishes the Economic Freedom of North America report. It compares economic freedom in Canada's provinces, and states of the United States and Mexico. Alberta regularly ranks as the freest jurisdiction on the continent. Unfortunately,…

Alberta in long, slow slide to attract investment

Alberta’s continuing decline in the eyes of investors should be cause for concern

Alberta in long, slow slide to attract investmentBy Kenneth P. Green and Taylor Jackson The Fraser Institute Prime Minister Justin Trudeau’s approval last week of Kinder Morgan’s Trans Mountain pipeline to B.C.’s coast and Enbridge’s Line 3 replacement to the United States came as welcome news for Alberta’s oil patch. The oil-and-gas industry has been reeling from job losses and depressed commodity…

How Texas avoided big deficits when oil prices fell

The narrative that Alberta's big deficits and run-up in debt are unavoidable consequences of a fall in oil prices doesn’t withstand scrutiny

How Texas avoided big deficits when oil prices fellBy Ben Eisen and Steve Lafleur The Fraser Institute A common myth holds that the deterioration of Alberta’s finances in recent years was inevitable due to falling commodity prices. After all, Alberta is an energy economy and, so the narrative goes, big deficits are inevitable when oil prices decline. This narrative doesn’t withstand scrutiny. Other…

Worst may be over for Alberta’s economy but …

The way to address Alberta’s fiscal problems is to strike at their root – undisciplined spending – but the government seems unwilling

Worst may be over for Alberta’s economy but …By Steve Lafleur and Ben Eisen The Fraser Institute Albertans got some welcome economic news recently, when ATB Financial suggested that the worst of the oil price downturn is over and that prices would continue to increase in 2017. However, it’s important to recognize that while an increase in oil prices, and a return to…

Notley counting on oil rebound to solve Alberta’s fiscal problems

The Alberta premier is crossing her fingers, hoping for an increase in oil prices to save the province's economy

Notley counting on oil rebound to solve Alberta’s fiscal problemsBy Steve Lafleur and Ben Eisen The Fraser Institute It’s no secret Alberta’s public finances are deteriorating rapidly. The province is hemorrhaging $10 billion per year and poised to rack up debt at record speed. The provincial government urgently needs to repair the province’s battered finances. Unfortunately, despite paying lip-service to the idea that governments…

Federal and provincial tax hikes bad news for Alberta

Tax hikes are coming fast and furious from both Edmonton and Ottawa, more bad news for Albertans and their still-fragile provincial economy

Federal and provincial tax hikes bad news for AlbertaBy Ben Eisen and Charles Lammam The Fraser Institute Prime Minister Justin Trudeau recently announced that all provinces must soon adopt a price on carbon of $50 per tonne. The federal plan would likely require a further tax hike on top of the $30 per tonne carbon tax that’s already been announced by the Alberta…

Slow growth in Canada worsened by bad government policy

In recent years, Canada has seen an onslaught of growth-hindering policies such as increased spending and debt, higher taxes and increased regulation

Slow growth in Canada worsened by bad government policyBy Charles Lammam and Taylor Jackson The Fraser Institute It seems there’s no shortage of headlines claiming that slow economic growth is the “new normal.” The latest stream came from a recent speech in the United Kingdom by Carolyn Wilkins, senior deputy governor at the Bank of Canada. Like many diagnoses of slow growth, the…

Government policies threaten economic freedom in Canada

Policy developments at the federal level as well as in Ontario and Alberta threaten Canada’s reputation as a bulwark of economic freedom

Government policies threaten economic freedom in CanadaBy Fred McMahon and Ben Eisen The Fraser Institute Canada ranks a remarkable fifth in the world in economic freedom, just behind Hong Kong, Singapore, New Zealand and Switzerland. The “land of the maple leaf” is far ahead of our southern neighbour, supposedly the “land of the free.” The United States ranks 16th out of…

It’s not about the environment, stupid

The movement at the heart of many environmental protests is based on misguided romanticism, not real environmentalism

It’s not about the environment, stupidWe have reached a point of absurdity in Canada, a moral degeneracy where we haven't the will to develop even well-conceived and environmentally sound energy projects. Consider the National Energy Board hearings on the Energy East pipeline. Not only were the recent public hearings in Montreal overwhelmed and eventually cancelled due to violent activism, but…
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