From Fraser Institute <[email protected]>
Subject Fiscal rule for non-renewable resource revenue in Alberta
Date June 19, 2021 5:00 PM
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A weekly digest of our latest research, commentary, and blog posts

Latest Research
Mandating a portion of Alberta’s resource revenues be saved during good times key to preventing boom-bust cycle in province’s finances
A New (Old) Fiscal Rule for Non-Renewable Resource Revenue in Alberta is a new study that examines how Alberta’s budget deficits and mounting debt are due in part to its treatment of non-renewable resource revenue in the budget. The study recommends reinstating fiscal rules that require a certain amount of resource revenues be saved in order to stabilize provincial finances.
Read More [[link removed]]

Commentary and Blog Posts
Death of Keystone increases risk to people and the environment [[link removed]]
(Appeared in the Calgary Sun) by Kenneth P. Green
Oil moved by rail is 4.5 times more likely to experience some kind of accident in transit than oil moved by pipeline.

Ford government pursuing McGuinty-style deficit-reduction strategy [[link removed]]
by Ben Eisen
According to government forecasts, Ontario’s debt will climb to $502 billion in 2023/24.

Freeland doubles down despite dismal pre-COVID economic numbers [[link removed]]
(Appeared in National Newswatch) by Jason Clemens, Milagros Palacios, and Niels Veldhuis
The Trudeau government ranks last on average total household income growth.

Maritime provinces vulnerable to any future changes to equalization program [[link removed]]
by Ben Eisen and Alex Whalen
In 2019/20, equalization comprised 21 per cent of provincial government revenue in Prince Edward Island.

Governments across Canada’s face mounting fiscal challenges due to aging population [[link removed]]
by Ben Eisen
The share of Canadians age 65 or over is forecasted to rise from 17.4 per cent to 22.5 per cent.

Trudeau government enforces price-gouging for chicken and eggs [[link removed]]
(Appeared in the Ottawa Sun) by Matthew Lau
Supply management makes agricultural products scarcer in order to inflate prices.

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