alberta government debt

12:36PM
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Alberta’s government debt was unsustainable—before COVID

The Alberta government projects a $24.2 billion budget deficit in 2020/21.


10:13AM
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Alberta should better align government-sector compensation with the private sector

Government workers in Alberta received 9.3 per cent more (on average) in wages than their private-sector counterparts.


11:01AM
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Massive budget deficit means Kenney government must further reduce spending

Government program spending will now reach an estimated $60.1 billion in 2020/21, about $13,550 per Albertan.


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.

12:13PM
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Alberta taxpayers on the hook for growing government debt interest payments

According to the Kenney government, debt interest costs will hit $3 billion by 2022/23.


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.


9:38AM
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Mounting government debt threatens Alberta’s fiscal status among provinces

The province's net government debt will climb to approximately $55 billion this year.


11:21AM
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Alberta’s debt-to-GDP ratio set to climb—quickly

Premier Kenney says province likely to run a deficit close to $20 billion.