Alberta now has a net debt position of $30 billion.
Government Spending & Taxes
Motorists in Vancouver will see the gasoline tax increase by 1.5 cents per litre.
The Notley government increased spending by nearly 13 per cent over is first two full fiscal years in office.
The list of made-in-Canada policies that have reduced our competitiveness is long and substantial.
Equalization makes for a handy scapegoat, but successive Alberta governments have no one to blame but themselves for the province’s fiscal problems.
In order to address Ontario’s dangerous debt burden, the new government must first correctly identify the root of the province’s fiscal problems.
Alberta’s days of having unusually low debt servicing costs are coming to an end.
Despite misleading claims, senior poverty in B.C has fallen significantly over the past four decades.
When oil prices were high, successive governments spent freely as though the good times would never end.
If investors can fetch a higher after-tax return by investing in Ontario over Alberta, there’s a good chance they will.