Edmonton - The 2015/16 provincial budget tabled this afternoon by Finance Minister Robin Campbell is a missed opportunity to make the structural changes necessary to stabilize provincial revenues and equitably wean the province off its overdependence on resource revenue, according to the Parkland Institute.
A week before the Prentice government introduces its 2015/16 provincial budget, a new fact sheet released today by the Parkland Institute challenges the often-repeated claim that Alberta’s current fiscal woes are due to overspending by the provincial government.
Provincial Comparisons of Public Spending
Alberta is the richest jurisdiction in North America. But women living in the province are among the most disadvantaged in Canada, facing higher income gaps, unpaid work gaps, and after-tax income gaps than women living anywhere else in the country.
Gender, Taxation, and Income Inequality
Women in Alberta have been disproportionately impacted by the 2001 shift to a single rate tax regime in the province, and now face higher income gaps, unpaid work gaps, and after-tax income gaps than women in the rest of Canada, according to the findings of a comprehensive new report released today by the Parkland Institute.
Budget cuts of 1990s did lasting damage
It’s curious how the proponents of the “cut first and ask questions later” approach to provincial budgeting continue trying to spread the myth Ralph Klein’s cuts in the 1990s were necessary, and that somehow Alberta and Albertans are better off because of them. It’s as if they believe that singing the same refrains over and over will make them true. But the reality is that these claims are as false today as they were back in 1993.
Earlier this month, Josh Bilyk, president of the Alberta Enterprise Group, wrote an op-ed piece critiquing Public Interest Alberta’s efforts to advocate for fair reforms to our province’s personal and corporate income tax systems and to discuss with Albertans how additional revenues could be used for the public good.
Progressive Income Tax in Alberta
A new fact sheet released this morning by the Parkland Institute in response to the 2014 Alberta Budget says that the Alberta government has missed an opportunity to address a significant roadblock to improved health, happiness, prosperity, and overall well-being for the province.