alberta deficit

3:45AM
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Alberta’s first-quarter fiscal update now expects the province’s operating deficit this year will be $10.9 billion.


10:08AM
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This year Alberta is projected to run a budget deficit of $10.9 billion.


2:38PM
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Sustained program spending growth by successive governments is the primary reason for the big deficits.


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.


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


3:30PM
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There are 175 collective bargaining agreements with public-sector employees coming up for negotiation in the near future.