Today, Alberta Finance Minister Joe Ceci presented the government’s 2016-17 fiscal report to the public. It confirmed the projected deficit of $10.8 billion, and the Minister reiterated that the government’s plan to raise more revenue relies on resource revenues increasing.
“While all Albertans are hoping the price of oil goes back up, the public services Albertans value, like public health care and education, cannot rely on that,” said Joel French, Executive Director of Public Interest Alberta. “The real problem is that our tax system is by far the worst in the country at raising revenue by at least $8.7 billion per year, according to the government’s own budget. The government’s goal of balancing the budget by 2023 will be impossible without either fixing the tax revenue shortage or making massive cuts to public services.”
Total resource revenues have dropped from a high of $11.7 billion in 2011-12 to $3.1 billion in the current year.
“Non-renewable resource revenues are highly volatile and should be saved for future generations, rather than relied on to fund our public services from year to year,” said French. “All parties in the Legislature should explain their plans to Albertans for replacing resource revenues in the government operational budget with tax revenues.”
The government's figures on how much additional annual revenue Alberta would raise under the tax systems of other Canadian provinces can be found here.
Representatives of Public Interest Alberta today congratulated members of the Alberta Electoral Boundaries Commission on the recent release of the commission’s Interim Report.Read more
Urgent need for Edmonton high school spaces highlights shortage of tax revenue
EDMONTON— Today the Government of Alberta announced the locations of 22 pilot Early Learning and Child Care Centres across the province, creating nearly 1,300 new spaces with a focus on affordability and quality.Read more
EDMONTON—Public Interest Alberta Board Chair Larry Booi stated today that recent letters to the President and Chancellor of the University of Alberta by Catholic boards and superintendents are “a shocking example of an assault on academic freedom in our province.”Read more
EDMONTON—Public interest Alberta applauded the Government of Alberta’s announcement today that Bill 1 in the upcoming legislative session will make good on its election promise to eliminate instructional supply, material, and busing fees.Read more
EDMONTON—Public Interest Alberta joined with 13 other organizations today to urge the provincial government to phase out the public funding of private schools, exempting special education schools, over three years and reallocate the money to fulfill its education-related campaign promises.Read more
EDMONTON—Public Interest Alberta Executive Director Joel French participated in a Government of Alberta's budget consultation this morning in Edmonton. His advice to government was to focus on three main priorities:Read more
EDMONTON - Edmonton City Council is hosting a public hearing today on its proposal to sell $3.1 billion worth of drainage assets to EPCOR for $1.00.Read more
EDMONTON—Representatives of Public Interest Alberta urged members of the Alberta Electoral Boundaries Commission to take action to resolve serious problems with Alberta’s current constituency boundaries.Read more