Alberta Budget: Why oil revenue volatility makes fiscal planning impossible

Mike Holden, chief economist at the Business Council of Alberta, discusses Alberta's latest budget and the province's significant deficit due to declining oil prices. He examines the challenges of budgeting with volatile resource revenues, the government's economic priorities, and the disconnect between industry break-even prices and provincial fiscal needs. He explores potential solutions for achieving revenue stability such as tax reform.

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CREDITS:

Amal Attar-Guzman - Producer

Elia Gross - Editor

Falice Chin - Host

Jeff McIntosh/The Canadian Press - Photo Credit

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