Alberta ran seven deficits in the past eight fiscal years when oil prices averaged $88 per barrel.
Alberta ran deficits even before oil prices fell.
Alberta expects to rack up $37 billion in new debt over the next three years.
The projected deficit is $10.4 billion, up from $6.3 billion last year.
Alberta’s debt could balloon to $36.1 billion by 2019/20—46 per cent more than currently expected.
The last thing businesses and consumers need is yet another new tax piled on top.