The province has $28 billion in net debt.
Alberta buys yet another ticket to ride the resource rollercoaster.
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 spends about nine per cent of all revenue on government debt-service payments.
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.
When oil prices were high, successive governments spent freely as though the good times would never end.
According to government projections, Alberta’s net debt will hit $56 billion by 2023/24.