The province's net debt is $31,749 per person, by far the highest level of any province in Canada.
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The country deregulated markets in the 1990s, privatized state-owned companies, cut spending and reduced taxes.
The top 10 per cent earned 29.1 per cent of all income but paid 35.8 per cent of the total tax burden.
Every US$1 decline in oil prices reduces government revenues by an estimated $630 million.
The government will spend $2,401 more per person than planned in Budget 2022.
Projected federal spending from 2024 to 2027 is now $30.7 billion higher than previous forecasts.
Workers born in 1993 or later can expect a real rate of return of just 2.5 per cent from the CPP.
From 2008/09 to 2020/21, the province racked up $60 billion in provincial net debt.
In terms of policy factors alone, the territory now ranks 55th out of 62 jurisdictions.
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