alberta debt

11:06AM
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According to the annual report, the province’s operating deficit for the year was $6.4 billion—about $300 million more than projected by the Notley government.

12:42PM
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Alberta's overall net financial assets deteriorated by $9.2 billion last year.

10:18AM
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The Notley government is spinning like mad to distance itself from some painful numbers.

3:00AM
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As oil royalties have fallen, Albertans have endured multiple tax hikes and a S&P downgrade.

8:02PM
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The government has moved from a 10 per cent flat rate personal income tax to a progressive tax with steeper rates.

1:09PM
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Alberta projects a budget deficit of $28.9 billion over the next three years.


9:00AM
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Ontario’s cumulative deficit from 2009 to the end of last year was approximately $81.9 billion—50 per cent more than projected in 2009.


11:00AM
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By 2018/19, net debt will reach $33.2 billion—about $7,500 for every Albertan.

12:00PM
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The province has run an operating deficit in all but one year since 2008/09—even when oil prices exceeded $90 per barrel.

9:00AM
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Alberta expects to rack up $37 billion in new debt over the next three years.