alberta government debt

10:59AM
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Another credit downgrade highlights urgent need for spending reform in Alberta

The cost of servicing the province’s debt has increased to more than $2 billion.


9:38AM
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Mounting government debt threatens Alberta’s fiscal status among provinces

The province's net government debt will climb to approximately $55 billion this year.


11:21AM
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Alberta’s debt-to-GDP ratio set to climb—quickly

Premier Kenney says province likely to run a deficit close to $20 billion.


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.