Di Matteo, Clemens & Emes: An Economic and Fiscal Comparison of Alberta and Other North American Energy Producing Provinces and States

Executive Summary:

For more than two decades, Alberta has been a bulwark of the Canadian economy. Other jurisdictions in North America, however, have also experienced growth and prosperity from the economic opportunities afforded by natural resource development. Alberta’s comparative economic and fiscal success has been repeatedly confirmed within the Canadian context. However, an important and to-date largely absent comparison is how well Alberta performs when compared to other resource-based economies in North America. This paper begins the process of comparing and contrasting the economic and government financial performance of Alberta with other Canadian provinces and U.S. states with large energy sectors.

 

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