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Alberta increasing AFSC borrowing limit by $1 billion

Travis Toews and Devin Dreeshen are increasing the debt limit for the Agriculture Financial Services Corporation.

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AB finance minister approves lending AB government $21 billion

The Alberta minister of finance was given the okay to lend the provincial government $25 billion, the largest approval during his term.

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UCP 2021-22 budget: debt to GDP ratio 2.3× higher than under NDP

More debt. Fewer jobs. Less tax revenue.

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What Travis Toews got wrong while criticizing AUPE

Cutting salaries and cutting positions makes a bad economy worse, not better.

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UCP budget predicts $125 billion debt by next election

Income tax revenues are $4.2B lower than planned this year. Oil & gas revenue is $3.4B lower. Federal transfer payments are $2.2B higher.

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What Alberta’s finance minister isn’t telling you about negotiations with nurses

Travis Toews doesn’t like that Alberta nurses asked for a 7% wage increase over 4 years, but he’s not telling you the whole story.

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My response to Travis Toews’ response to the AUPE wage talks

Alberta’s provincial government proposed cutting union wages by 5 points more than an arbitrator awarded this past spring.

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UPDATED: UCP’s August fiscal update hides severity of budget cuts

An earlier version of this article misrepresented data from the 2020–2021 fiscal update.

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6 months after the UCP’s new budget, and oil prices dropping again

And with lower demands driven by a still ongoing pandemic, we might not see oil prices rising significantly for some time.

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Personal income tax and federal transfers prevent UCP $100 billion debt from being higher

Personal income tax and transfer payments from Ottawa will be the largest sources of income for the UCP government this year. If it wasn’t for them, the provincial debt would be much higher.