The Trudeau government created a new top tax bracket that raised the top federal rate to 33 per cent.
alberta government finances
The province's net debt is expected to grow by $11 billion over the next three years.
Economic growth has been considerably weaker than expected.
This year, the Kenney government forecasts an $8.7 billion operating deficit.
The province closed out the decade with an estimated $36.6 billion in net debt.
Government revenues in all provinces—but especially Alberta—are unpredictable.
Per-person spending in Alberta last year was 18.5 per cent higher than in next-door B.C.
The Notley government plans to increase spending by $146 million beyond what was budgeted in the spring.
Ontario’s government spends a billion dollars per month on debt interest payments.