With the international price of oil taking another nose-dive this week, Premier Jason Kenney announced at a press conference this afternoon that Jack Mintz, a fellow at the School of Public Policy at the University of Calgary and board member of Imperial Oil Limited and Morneau Shepell, will lead the latest in a series of expert panels appointed by the United Conservative Party government.
Mintz’s panel will be tasked with providing economic advice to the government in light of the recent drop in oil prices. Mintz tweeted the idea about 5 hours before Kenney announced it, leaving political observers to wonder which came first: the tweet or the appointment?
The challenges facing Alberta has been clear for a long time: the Alberta government is over-reliant on revenues from unreliable oil and gas royalties to fund the daily operations of government. This has been the case for decades, including all the previous times the international price of oil has collapsed, leaving the province in an economic crisis.
The need to find alternative revenue streams is something the UCP and previous governments have been unable to accept or accomplish.
Kenney has already said a provincial sales tax is off the table, so a major solution favoured by many economist is likely a non-starter.
Mintz’s views about government spending and economics are no secret in Alberta, nor are they to Conservative politicians and political leaders who he has lent his advice to in the past. While it might be unfair to prejudge Mintz’s yet-to-be-named panel, it would be a great surprise if a strong dose of austerity, privatization, or a version of Janice MacKinnon’s Report on steroids were not included in its advice.
As one of the province’s most prominent conservative economists his appointment to lead this panel is probably predictable, but it is his political views that make the choice more interesting.
For years, Mintz has moonlighted as a political pundit in the pages of the Postmedia-owned Financial Post, penning a regular opinion column that has included some fairly cringeworthy claims targeting Prime Minister Justin Trudeau‘s federal Liberal government, Alberta’s former New Democratic Party government and, more recently, providing fuel for supporters of Wexit and Alberta’s separation from Canada.
A column published in June 2015 aimed at the newly elected government of then-premier Rachel Notley claimed at “Alberta is not yet Greece, but it’s heading along that path,” in reference to the Greek economic crisis of the mid-2010s.
In “Alberta has better reasons to Albexit than Britain did for Brexit,” published in December 2018, claimed that “if Brexit happened, then Albexit is just as possible” and “[w]hatever negatives Alberta would face are easily swamped by the positives that would come with separation.”
And a recent column following Mintz’s participation at a right-wing political conference focused on Alberta separatism touted a “nuclear option” and ended with the claim that “…Albertans are looking for the shackles to be taken off.”
While the advice given by Mintz’s panel will certainly be of interest to many Albertans, how his own political views are reflected in the recommendations might be just as interesting, and concerning, to watch.
