Alberta's budget deficit will hit a projected $24.2 billion in 2020/21.
alberta deficit
October 28, 2020
10:02PM
August 28, 2020
11:01AM
Government program spending will now reach an estimated $60.1 billion in 2020/21, about $13,550 per Albertan.
August 27, 2020
1:30PM
The Kenney government now faces a massive $24.2 billion budget deficit.
August 12, 2020
8:52PM
Alberta will run a projected $20 billion budget deficit this year.
August 12, 2020
9:11AM
To make matters worse, Alberta recently received its third credit downgrade since December.
April 9, 2020
11:48AM
The COVID crisis combined with the oil-price war will reduce revenue and trigger spending increases.
April 2, 2020
12:40PM
Chronic deficits through good times and bad have led to a roughly $70 billion erosion of the province’s financial assets.
March 11, 2020
12:53PM
The province has added an average of nearly $10 billion in debt annually since 2015/16.
February 6, 2020
10:57AM
This year, the province's debt will reach a projected $36.6 billion.
February 4, 2020
12:23PM
Alberta now spends roughly 20 per cent more per person on day-to-day government expenditures than neighbouring B.C.