alberta debt

8:56AM
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New report paints gloomy picture of Alberta’s fiscal future—absent policy change

According to the PBO, Alberta must reduce spending by 3.1 per cent of GDP to restore fiscal sustainability.


8:26AM
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Alberta celebrates ‘Balanced Budget Tax Freedom Day’ later than any other province

This year's combined projected federal and provincial government deficits total $234 billion.


8:28AM
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Alberta needs new (old) rule to stabilize government resource revenues

In 2020/21, Alberta’s non-renewable resource revenue will comprise only 4.7 per cent of provincial revenue.


1:39PM
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Alberta economy recovering from COVID but government finances remain cause for concern

The province's net debt will reach a projected $102.1 billion by 2023/24.


3:01PM
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Kenney shouldn’t bank on resource revenues to balance budget—despite high commodity prices

A reliance on non-renewable resource revenue has caused trouble for the provincial finances for decades.


2:28PM
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Despite Alberta pleas, Trudeau government maintains ‘stabilization’ status quo

The program offset just 3.5 per cent of Alberta’s year-over-year revenue loss.


12:34PM
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Rising debt interest costs further threaten Alberta finances

By 2023/24, debt interest will consume 6.6 per cent of all provincial revenues.


10:27AM
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Alberta’s government debt interest costs continue to soar

According to budget forecasts, debt interest payments will reach $3.3 billion by 2023/24.


8:17AM
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Kenney has no choice—he must tackle government compensation

Of the Alberta government's $54.3 billion in total spending, 50 per cent was on wages and benefits for government workers.