alberta government debt

2:17PM
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Alberta’s bleak economic outlook will hasten the decline of provincial finances

The province's annual debt-servicing costs will increase to a projected $3 billion by 2022/23.


11:48AM
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Alberta spent during the good times, which means deeper red ink during these bad times

The COVID crisis combined with the oil-price war will reduce revenue and trigger spending increases.


12:40PM
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Alberta deficit likely far worse than expected

Chronic deficits through good times and bad have led to a roughly $70 billion erosion of the province’s financial assets.


12:53PM
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Alberta careening towards fiscal disaster
The province has added an average of nearly $10 billion in debt annually since 2015/16.

2:24PM
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Alberta’s finances still rapidly eroding

By 2022/23, the province will have accumulated an estimated $46.6 billion in net debt.


12:10AM
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Alberta on track to balance budget—but significant fiscal challenges remain

The province's net debt is expected to grow by $11 billion over the next three years.


10:57AM
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Government debt-interest payments already hurting Albertans

This year, the province's debt will reach a projected $36.6 billion.


12:23PM
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At this rate, Alberta’s debt could look like Ontario’s in a decade

Alberta now spends roughly 20 per cent more per person on day-to-day government expenditures than neighbouring B.C.


11:30AM
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Controlling government-sector salaries key to Kenney’s deficit-reduction plans

This year, the Kenney government forecasts an $8.7 billion operating deficit.


10:32AM
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Complacency about Alberta’s debt is a dangerous mistake

Next year Alberta is expected to surpass B.C. in per-person debt.