So, some handy info from the Province - from someone over at SSP:
http://www.finance.alberta.ca/public...-Situation.pdf
Belt tighten to be sure, but we could easily close a $6-$7 billion revenue gap and still be by far the lowest taxed jurisdiction. We could then use royalties and other non-renewable resource revenue for what it should be - paying down any debt, savings, advancing capital projects strategically, and investing in long term economic diversification.
Also of note:
Other tid bits from the document:
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it is estimated that a $4 billion reduction in government spending would reduce Alberta’s real economic growth by over 1%.
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And whether Alberta's public sector compensation is disproportionate:
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In 2013, private sector average weekly earnings in Alberta were 26% higher than the national private sector average. In provincial public administration, average earnings in Alberta were 12% above the national average for provincial public administration employees
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