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Debt-servicing costs—Alberta catching up to other provinces
Until recently, Albertans paid very little to service provincial debt. This represented a significant fiscal advantage over every other province that had to spend substantial amounts of money each year paying interest on their debt. ...
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Per person cost of servicing Alberta debt increasing by roughly $100 per year
Albertans have until recently enjoyed a unique advantage in Canada: a provincial government with no net debt. Having no “net debt” means that while Alberta did carry some debt – for instance, to finance capital projects – the province ...