alberta government debt

10:50AM
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Painful decade for Alberta finances finally over

The province closed out the decade with an estimated $36.6 billion in net debt.


12:01PM
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Spending reductions in the 1990s dwarf Kenney’s budget plans

Premier Ralph Klein’s government reduced program spending by 21.6 per cent over three years.


1:59PM
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Per person cost of servicing Alberta debt increasing by roughly $100 per year

Alberta’s days of having unusually low debt servicing costs are coming to an end.


9:00AM
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Ontario’s government spends a billion dollars per month on debt interest payments.


11:14AM
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The province’s debt will reach $45 billion by 2019/20.


7:57AM
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Alberta has seen a run-up of projected net debt totalling about $10,000 per Albertan by 2019/20—up from essentially zero in 2015/16.


4:30AM
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From 2015/16 to the current fiscal year, program spending in Alberta will have increased by 11 per cent.