Alberta’s government-sector workers enjoy a 9.3 per cent wage premium over their private-sector counterparts.
From 2008/09 to 2020/21, the province's net financial position deteriorated by almost $100 billion.
The government should save some natural resource revenue to protect against future increases in debt.
The province is currently experiencing a windfall of resource revenue.
The province's revenue will likely be even higher than forecast in Budget 2022.
Without the recent resource revenue windfall, the province would still face a large deficit this year.
The province's resource revenue is expected to increase from $3.3 billion in 2020/21 to $13.7 billion in 2021/22.
By 2043, Albertans aged 65 or older will account for a projected 19 per cent of the province's population.