Government debt interest costs (per person) are forecasted to reach $655.
The province has $28 billion in net debt.
Alberta is piling up debt at a historically rapid pace.
The Notley government’s failure to restrain spending is quickly growing Alberta’s debt burden.
Ontario’s debt grew by 107 per cent over 10 years.
The last provincial budget estimated the government will run deficits until 2023/24.
The Notley government plans to increase spending by $146 million beyond what was budgeted in the spring.
Alberta now has a net debt position of $30 billion.
Equalization makes for a handy scapegoat, but successive Alberta governments have no one to blame but themselves for the province’s fiscal problems.