In the 1990s, Premier Ralph Klein’s government reduced program spending by 21.6 per cent.
Alberta’s elevated spending levels produced large budget deficits and mounting debt.
The province expects a $15.5 billion budget deficit next year.
Alberta’s fiscal capacity dropped by an estimated 45.1 per cent between 2007 and this year.
Alberta's net government debt will reach a projected $90.1 billion by 2022/23.
This fiscal year, Alberta projects a historic budget deficit of $24.2 billion.
Government workers in Alberta received 9.3 per cent more (on average) in wages than their private-sector counterparts.
The last provincial budget estimated the government will run deficits until 2023/24.
According to government projections, Alberta’s net debt will hit $56 billion by 2023/24.