By 2023/24, debt interest will consume 6.6 per cent of all provincial revenues.
According to budget forecasts, debt interest payments will reach $3.3 billion by 2023/24.
Of the Alberta government's $54.3 billion in total spending, 50 per cent was on wages and benefits for government workers.
As a share of the provincial economy, Alberta's recent deficits are larger than those incurred in the early ’90s.
Alberta's new budget projects a $18.2 billion deficit in 2021/22.
Both B.C. and Saskatchewan now carry less per-person provincial government debt than Alberta.
Alberta's deficit this year will be the largest in history, relative to the size of the provincial economy, at 6.9 per cent of GDP.
Alberta government program spending will reach a projected $13,644 per person in 2020/21.