The province’s $5.6 billion operating deficit is just the tip of the iceberg.
Blog - Fraser Forum
The United Nations climate agenda includes global wealth redistribution.
By 2025/26, the province will spend an estimated $4.1 billion on debt interest—an increase of 53 per cent over three years.
Among universal health-care countries, Canada ranks poorly on several key indictors including number of hospital beds.
The province's net debt is $31,749 per person, by far the highest level of any province in Canada.
The country deregulated markets in the 1990s, privatized state-owned companies, cut spending and reduced taxes.
The top 10 per cent earned 29.1 per cent of all income but paid 35.8 per cent of the total tax burden.
Every US$1 decline in oil prices reduces government revenues by an estimated $630 million.
The provincial government revised its $1.0 billion projected budget surplus to a $250.5 million projected deficit.
Ottawa's plan to reduce emissions would cost Alberta an estimated 80,000 jobs in 2030.
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