alberta deficit

3:31PM
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Alberta will become a net debtor province this year for the first time since 1999/00.


9:20AM
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The projected deficit is $10.4 billion, up from $6.3 billion last year.


3:00AM
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If the government froze program spending at 2015/16 levels, Alberta would only accumulate $11.8 billion in debt by 2019/20.

2:21PM
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Alberta’s debt could balloon to $36.1 billion by 2019/20—46 per cent more than currently expected.


10:40AM
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The provincial government created a new five-bracket tax system with a top tax rate increasing by 50 per cent.

11:21AM
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Provincial program spending between 2004/05 and 2014/15 increased by nearly 100 per cent.


8:37AM
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Province’s net financial position could decrease by another $14 billion in 2016/17, making it a net debtor province.


9:32AM
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The last thing businesses and consumers need is yet another new tax piled on top.