debt and deficit

9:04AM
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Once its net debt reaches $48 billion in 2020/21, Alberta will have burned through $83 billion in net assets in 13 years.


12:43PM
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The budget proposes cumulative deficits totalling $72.8 billion over the government’s first mandate.


6:00AM
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This $51 billion increase in spending represents total growth of 20.1 per cent in just three years.


12:35PM
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Premier John Horgan’s NDP government campaigned on balanced budgets.


7:00AM
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The $10.3 billion deficit the province plans to run this year is just shy of the provincial record of $10.8 billion set last year.


5:30AM
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Prime Minister Trudeau is on track to increase per-person federal debt more than any other prime minister in Canadian history who didn’t face a world war or economic recession.


11:00AM
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In the last 37 fiscal years, the province has only posted seven budget surpluses.