alberta government finances

8:52PM
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Kenney government should learn from past deficit-reduction plans
Alberta will run a projected $20 billion budget deficit this year.

9:11AM
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Kenney government must continue move towards balanced budget
To make matters worse, Alberta recently received its third credit downgrade since December.

10:59AM
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Another credit downgrade highlights urgent need for spending reform in Alberta

The cost of servicing the province’s debt has increased to more than $2 billion.


9:47AM
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Another pipeline setback, another blow to Alberta government finances

Alberta has blown through $75 billion in financial assets since 2007/08.


2:17PM
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Alberta’s bleak economic outlook will hasten the decline of provincial finances

The province's annual debt-servicing costs will increase to a projected $3 billion by 2022/23.


11:48AM
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Alberta spent during the good times, which means deeper red ink during these bad times

The COVID crisis combined with the oil-price war will reduce revenue and trigger spending increases.


12:53PM
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Alberta careening towards fiscal disaster
The province has added an average of nearly $10 billion in debt annually since 2015/16.

10:22AM
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Kenney government fails to restore Alberta’s income tax advantage

The Trudeau government created a new top tax bracket that raised the top federal rate to 33 per cent.


9:15AM
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Kenney buys another ticket for the resource roller-coaster
From 2014 to 2015, Alberta’s non-renewable resource revenue collapsed from $8.9 billion to $2.8 billion.

12:10AM
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Alberta on track to balance budget—but significant fiscal challenges remain

The province's net debt is expected to grow by $11 billion over the next three years.