Fiscal uncertainty arrives at a time when Alberta is hoping Ottawa can deliver on some major new energy infrastructure (The Podcast)
IMAGE CREDIT: The Fraser Institute In this episode of The Line: Alberta Podcast, Rob Breakenridge is joined by Dr. Kent Fellows, assistant professor of economics at the University of Calgary and fellow-in-residence at the C.D. Howe Institute. Sagging oil prices have once again highlighted the perils of Alberta’s over-reliance on energy revenues, even if the Trans Mountain pipeline expansion has helped to provide a revenue boost. This fiscal uncertainty comes at a time when Alberta is hoping Ottawa can deliver on some major new energy infrastructure — including, of course, a new pipeline — and potentially help pave the way for economic and energy corridors that could allow such projects to be fast-tracked in the future. We’ll get some insight from Prof. Fellows on the economics underlying all of this: the implications of fluctuating oil prices on Alberta’s budget, the challenges of pipeline capacity and infrastructure development, as well as the political factors in the ene...