Author Archives: albertarecessionwatch

About albertarecessionwatch

Former Director, Institute for Public Economics, University of Alberta and currently Fellow of the Institute. Former executive with Alberta Treasury Branches. Worked for the Alberta government for 12 years with Federal and Intergovernmental Affairs and Alberta Treasury. Areas of focus: financial institutions legislation and policy, government borrowing, and relations with credit rating agencies. Ph.D in Political Science (Uof A), Masters of Public Administration and BComm. (Carleton University). Author of Politics and Public Debt: The Dominion, the Banks and Alberta's Social Credit. Presently working on study of Alberta provincial agency board appointments.

CAPP’s Position- Analysis and Opinion

Originally posted on 12 February 2018

On Wednesday 7 February, Tim McMillan, president of the Canadian Association of Petroleum Producers (CAPP) spoke to the Edmonton Chamber of Commerce. The CAPP head spoke optimistically about  growing demand for oil and natural gas, based largely on International Energy Agency forecasts. It was a “terrific outlook” with Canada being perceived as a “supplier of choice.”  But dangers lie ahead, according to the CAPP head.

Globe and Mail cartoon7-2-18 GM

From: The Globe and Mail, Wednesday 7 February 2018

A grainy audio of his talk (with some audience comments) and question and answer is available here.

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Pros and Cons of a Sales Tax: 21 February 2018 – ESNA event

Alberta remains the only province in Canada without a provincial sales tax or a harmonized sales tax. Indeed, the PST is often labelled a “Political Suicide Tax.”  With the oil bust cutting provincial government revenue drastically, the province has been running very large deficits forecast to continue into the next decade. Public discussion of this taboo topic in Alberta politics has been, and continues to be, limited to say the least!  And yet, there are compelling reasons for adopting such a tax.  There are also reasons for rejecting such a tax initiative.  Continue reading