Twenty-two GTHA municipalities increased per-person spending between 2009 and 2019.
Other Topics
Burnaby allocated the highest share of spending to parks and recreation.
From 2008/09 to 2020/21, the province's net financial position deteriorated by almost $100 billion.
Nineteen of the region's 26 municipalities spent more than 60 per cent of their budgets on employee compensation and contracted services.
Governments often spend money today but promise more discipline in the future.
If interest rates exceed economic growth rates, debt becomes unstable.
This year's federal per-person debt level is more than 25 per cent higher than in 2019.
Gasoline prices were rising before Russia invaded Ukraine.
The territory ranked among the world's top 10 most-attractive mining jurisdictions.
Alberta’s fiscal improvement is good news, but without significant policy changes, it will only last so long as commodity prices stay high.
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