The province's annual debt-servicing costs will increase to a projected $3 billion by 2022/23.
alberta government finances
The COVID crisis combined with the oil-price war will reduce revenue and trigger spending increases.
Once you adjust for inflation and population growth, Alberta’s economy barely grew at all between 2008 and 2018.
The Trudeau government created a new top tax bracket that raised the top federal rate to 33 per cent.
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.