By 2026/27, the province’s net debt will reach a projected $128.8 billion.
Blog - Fraser Forum
Because of its own failures to responsibly manage the nation’s finances, Canada is in a weak fiscal position to increase defence spending.
The provincial government recently intervened in the Crown corporation's internal business decisions.
Under Prime Minister Trudeau, annual per-person economic growth has averaged just 0.3 per cent.
This year, program spending will reach a projected $14,334 per Albertan, which is $1,603 higher than the original plan.
The province's taxpayers lost more than $2 billion from failed loans, guarantees and share purchases in major projects.
Canadians should consider the $69.9 billion in combined federal and provincial deficits as deferred taxes.
A drop in self-employment means a drop in the number of small businesses and a decline in entrepreneurship.
When governments limit economic freedom, citizens find it harder to buy and sell what they want.
The federal government plans to run a $39.8 billion deficit in 2024/25.
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