A Common Sense Approach
New report shows that fair and progressive taxes could solve Alberta’s fiscal woes
A new report released this morning by the U of A’s Parkland Institute says that the solution to Alberta’s current fiscal woes, and to growing inequality in the province, lies in an increase in corporate taxes and a return to a progressive tax system—a move that a majority of Albertans would support.
And Calgary is the most unequal city
Analysis by the Parkland Institute and the Canadian Centre for Policy Alternatives of new data on Canada’s richest 1% shows that Alberta has become the country’s most unequal province and Calgary its most unequal city. The new data shows that incomes (adjusted for inflation) for the top 1% of Albertan doubled between 1982 and 2010, posting a shocking increase of $320,000. By comparison, the bottom 90% of Albertans saw their incomes increase by a total of only $3,900 over the same time period.
Extraordinary Profits in Alberta's Oil and Gas Industry
Alberta’s oil and gas industry continues to rake in billions of dollars’ worth of profits while the provincial government continues to run deficits and underfund education and health care services in the province. The report looks at the latest figures for oil industry profits an
Alberta's Taxes Are Too Low
According to the Alberta Government, “If Alberta had any other provincial tax system, Albertans and Alberta businesses would pay at least $11 billion more in taxes each year.” Why, when facing another deficit budget, and another round of cuts to critical programs, would Alberta give away $10.9 billion in potential revenue?
EDMONTON – In advance of the release of the 2011 Alberta Budget, one which will certainly include a significant amount of infrastructure spending, the Parkland Institute has released a new fact sheet demonstrating that infrastructure spending in Alberta is not out of control, and that in fact more is needed.
Real Increases Have Been Moderate
Alberta Spending is Mediocre at Best
Now that that boom has collapsed, comments to the effect that the Alberta government has been a big spender, is overspending and has lots of fat to cut from its programs are common. This report illustrates that the Alberta government is not the highest per capita spender in Canada.
Public Health Care and Affordability in Alberta
The government of Alberta has consistently used inaccurate or incomplete numbers to undermine public confidence in the sustainability of public healthcare. This report exposes the false economies used to create a sense of crisis. It illustrates the clear trends in health care spending.
Stimulus with Responsibility, Stewardship and Sustainability
With the global recession and oil prices in a slump, Alberta’s 2009 budget will be a critical one for the province and the country. This report lays out a framework for Alberta’s government to diminish recessionary effects, improve social services, renew and expand infrastructure, and improve redistribution systems.