deficits and debt

12:52PM
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Ratings agency DBRS has downgraded Alberta’s credit rating from AA (high) to AA.


4:02PM
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Over the next five years, program spending is projected to grow 2.8 per cent annually while provincial revenues increase 3.1 per cent.

4:13PM
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The Alberta government forecasts an 11 per cent increase in spending.

3:10PM
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By 2019/20, Alberta’s net debt will reach $45 billion or $10,000 for every man, woman and child.

3:00AM
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The province should make its personal and corporate income tax system more competitive.

9:29AM
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Ontario’s government is spending more than it takes in each year. This year will represent the province’s eighth consecutive budget deficit.