alberta budget

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The last provincial budget estimated the government will run deficits until 2023/24.

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The Notley government increased spending by nearly 13 per cent over is first two full fiscal years in office.

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The Notley government overshot its budgeted spending levels by $2 billion in 2016/17 and $1 billion in 2017/18.

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Budget increases debt burden for future generations of Albertans

By 2023/24, Alberta’s total net debt is projected to reach $56 billion—approximately $12,500 per person.

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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.

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Alberta’s NDP buys another ticket for the resource revenue rollercoaster

The budget projects Alberta’s operating deficit this year will be $8.8 billion.