Alberta has a once-in-a-generation opportunity to correct its economic and fiscal direction, says a new report from the C.D. Howe Institute.
In “Decision Time: The Alberta Shadow Budget 2019,” Calgary-based author Grant Bishop demonstrates how Alberta could return to a budget balance by 2022-23 and achieve a sustainable path for balanced budgets over the long term. Building on past C.D. Howe Institute research and the MacKinnon Report on Alberta’s finances, Bishop shows the magnitude of fiscal adjustment required of Alberta in order to rebalance both expenditures and revenues.