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Rising debt interest costs further threaten Alberta finances
By 2023/24, debt interest will consume 6.6 per cent of all provincial revenues. ...
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Alberta’s government debt interest costs continue to soar
According to budget forecasts, debt interest payments will reach $3.3 billion by 2023/24. ...
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Alberta fiscal update projects budget deficits over next three years—with consequences
According to the Kenney government’s mid-year update released on Tuesday, Alberta’s fiscal troubles are far from over. The update projects a $21.3 billion budget deficit in 2020/21, a $15.5 billion deficit in 2021/22 and a $9.9 billion ...
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Surprise—Alberta’s government debt burden is approaching Quebec’s
The recent provincial budgets released by the Quebec and Alberta governments are a study in contrasts of government debt. On one hand, Quebec has a high-debt government that’s aiming to reduce its debt burden. On the other hand, Alberta ...
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Alberta’s debt service costs set to double in just four years
According to Alberta Finance Minister Joe Ceci (pictured above), the Notley government won’t alter its fiscal plan even if credit agencies again downgrade the province’s credit rating. This is troubling, as it means that Alberta will ...