In the 1990s, Premier Ralph Klein’s government reduced program spending by 21.6 per cent.
Government debt interest will cost Albertans a projected $3.0 billion by 2022/23.
Alberta’s fiscal capacity dropped by an estimated 45.1 per cent between 2007 and this year.
The update projects a $21.3 billion provincial budget deficit in 2020/21.
This fiscal year, Alberta projects a historic budget deficit of $24.2 billion.
The Alberta government projects a $24.2 billion budget deficit in 2020/21.
Alberta's budget deficit will hit a projected $24.2 billion in 2020/21.
Government program spending will now reach an estimated $60.1 billion in 2020/21, about $13,550 per Albertan.
The Kenney government now faces a massive $24.2 billion budget deficit.