Category: Budgets

Explaining the Alberta Budget (Again)

The Alberta Budget came out last week.  As usual, the way Alberta presents its numbers creates enormous confusion and scope for spin, so permit me to run through the numbers with you. Recall from last year’s explainer that in its annual budget, the government runs two sets of numbers on post-secondary education.  The first is a straightforward “Expense Vote by Program”: that is to say, what the government is actually spending.  The image below shows how that looked in the

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Funny Math in Alberta

Many of my Canadian readers will likely have read a piece that has been circulating on the internet from Kim Siever, a self-described leftist internet journalist from Lethbridge.  The headline says it all: UCP Government to Cut Post-Secondary Spending by $1.5 Billion; That Number Rises to $3.5 Billion if you Factor in Inflation and Population Growth.  You know how I am always on about Economic Impact Analyses always being forms of competitive counting? Methodologically speaking, this is worse. Ok, so here’s

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What Really Happened During COVID? Part 2

Yesterday, we examined student income during COVID.  On aggregate, income might not have dropped at all once the Canada Education Student Benefit is taken into the equation, though there was probably some re-distribution of money away from students who work summers to those who don’t.  Today, I want to look at what happened to institutions in the pandemic, because again the picture painted by the data emerging from institutional financial statements is quite different from the conventional wisdom about what

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Two Sets of Provincial Budgets

Most years, I do a spring round-up of provincial budgets as they relate to post-secondary education.  Last year was a wash-out because some budgets didn’t happen until the fall, but this year almost everyone has managed to bring one in more or less on time (the exception being Newfoundland and Labrador, where the budget was delayed by a rather needless election that managed to take about four months to complete).  So, today I am going to look at what has

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Budget 2021

Good morning all.  The HESA Towers team, split over four time zones, came together brilliantly last night to bring you our regular federal budget analysis, which you can find here.  Enjoy.   (We finished by midnight which is an hour or two faster than usual.  We probably would have been done earlier if the Government of Canada didn’t make it essentially impossible to track spending data on youth employment over time.   Two thumbs down to ESDC on that score).  This is a difficult

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