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Originally Posted by killer_carlson
Alberta is at record levels of revenue. Never seen before amounts.
The issue is not a revenue issue. The issue is how the revenue is managed. It is not being done efficiently.
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That really depends on what your philosophy is regarding non-renewable resource revenue and how much we should be relying on that stream to cover our operating budget.
From the government's own operational plan:
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Alberta relies heavily on revenue sources that can be volatile and unpredictable,
including non-renewable resources, corporate income tax and investment
income. Since 2000-01, these revenue sources have accounted for anywhere
between 38% and 55% of total revenue. In 2013-14 they are forecast to amount to 40% of total revenue, and in 2014-15, 39%.
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http://finance.alberta.ca/publicatio...ional-plan.pdf