Economists toy with sales tax idea for Alberta

Following an announcement by Alberta Finance Minister Doug Horner that the Province’s projected deficit leading into the 2012/13 budget will be around $4 billion, the idea of implementing a sales tax as a way out has once again reared its way back into the conversation. During an economic summit a few weeks ago in Calgary,… Continue reading Economists toy with sales tax idea for Alberta

Slow year ahead for Alberta as price of black gold drops

Oil is Alberta’s business, however, the price of Western Canadian Select, which is made up of heavy conventional and bitumen crude oil, has been decreasing. With the Province’s reliance on this huge energy commodity, both politicians and economists point to a sluggish Alberta economy limping into next year’s fiscal budget, which will be made public… Continue reading Slow year ahead for Alberta as price of black gold drops