Tag Archives: fiscal policy

I have an opinion piece in today’s Edmonton Journal about Alberta’s current fiscal situation. Points raised in the blog post include the following: -The Jason Kenney government will almost certainly announce cuts to social spending in the near future. -Yet, more than 80% of Alberta’s kindergarten through Grade 3 classes currently exceed the provincial government’s own class-size targets. -Tuition fees as a share of university operating revenue have roughly tripled in Alberta...

I have an opinion piece in today’s Edmonton Journal about Alberta’s current fiscal situation. Points raised in the blog post include the following: -The Jason Kenney government will almost certainly announce cuts to social spending in the near future. -Yet, more than 80% of Alberta’s kindergarten through Grade 3 classes currently exceed the provincial government’s own class-size targets. -Tuition fees as a share of university operating revenue have roughly...

I’ve just written a ‘top 10’ overview blog post about affordable housing in Alberta. Points raised in the blog post include the following: -On a per capita basis, Alberta has far fewer subsidized housing units than the rest of Canada -Some Alberta cities have much more low-cost rental housing (per capita) than others. -Going forward, the impact of the federal government’s National Housing Strategy will be modest. -There are considerable cost savings to be realized when investing...

I’ve just written a ‘top 10’ overview blog post about affordable housing in Alberta. Points raised in the blog post include the following: -On a per capita basis, Alberta has far fewer subsidized housing units than the rest of Canada -Some Alberta cities have much more low-cost rental housing (per capita) than others. -Going forward, the impact of the federal government’s National Housing Strategy will be modest. -There are considerable cost savings to be...

The Alberta Alternative Budget (AAB) is an annual exercise whose working group consists of researchers, economists, and members of civil society (full disclosure: I’m the Editor). Our general mandate is to create a progressive vision for Alberta to boost economic growth and reduce income inequality. This year’s document was released today, and here are 10 things to know: The NDP government of Rachel Notley government made important advances with respect to childcare,...

Posted by Nick Falvo under aboriginal peoples, Alberta, budgets, Child Care, demographics, early learning, economic growth, education, employment, employment standards, fiscal policy, health care, homeless, housing, HST, income distribution, income support, Indigenous people, inequality, labour market, macroeconomics, minimum wage, NDP, population aging, post-secondary education, poverty, privatization, progressive economic strategies, public infrastructure, public services,...

(June 24, 2019-Calgary) With Alberta’s economy still facing challenges and vulnerabilities, the Alberta government should not be doling out tax cuts or cutting social spending, according to the Alberta Alternative Budget (AAB) released today. “Alberta still has, by far, the lowest debt-to-GDP ratio of any province,” says Nick Falvo, editor of the report. “We are in a good position to increase spending on education, invest in affordable child care, offer free dental care to Albertans...

(June 24, 2019-Calgary) With Alberta’s economy still facing challenges and vulnerabilities, the Alberta government should not be doling out tax cuts or cutting social spending, according to the Alberta Alternative Budget (AAB) released today. “Alberta still has, by far, the lowest debt-to-GDP ratio of any province,” says Nick Falvo, editor of the report. “We are in a good position to increase spending on education, invest in affordable child care, offer free dental care to Albertans...

If there were two lessons that can be taken from the GFC among others then we should know, once and for all, that, first, monetary policy (in all its glorious forms these days) is not a very effective tool for influencing the level of economic activity nor the price level, and, second, that fiscal policy is very effective in manipulating total spending and activity. Of course, those lessons provided the evidence that turned macroeconomics on its head because for several decades, as the...

Stephanie's new book is available for preorder. It should be a game-changer.The blurb reads, "Deficits can be used for good or evil." "Evil?" Probably few people know that German economic development post Weimar and rearmament in preparation for WWII was engineered under Adolph Hitler by Hjalmar Schacht, head of the Reichsbank (German central bank). Hitler is often associated with the Weimar Republic that destroyed the Deutsche mark (DM). Nothing could be further from the truth.  Under...