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alberta debt

Juin 27, 2024 2:22PM

Alberta government must further restrain spending to stabilize provincial finances
Tegan Hill
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Alberta government must further restrain spending to stabilize provincial finances

This year, program spending will reach a projected $14,334 per Albertan, which is $1,603 higher than the original plan.

Étiquettes:
alberta's finances, alberta government finances, alberta government spending, alberta debt, alberta program spending
Juin 21, 2024 2:30AM

Alberta’s credit upgrade belies risk of red ink on the horizon

Tegan Hill, Milagros Palacios
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Alberta’s credit upgrade belies risk of red ink on the horizon

Compared to the government’s 2022 mid-year plan, it will spend $6.1 billion more in 2023/24.

Étiquettes:
alberta credit rating, alberta's finances, alberta debt, alberta government spending
Mai 9, 2024 10:07AM

Let’s be clear—the Alberta government’s fiscal problems aren’t over
Tegan Hill
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Let’s be clear—the Alberta government’s fiscal problems aren’t over

In 2023/24, debt interest payments will cost a projected $3.4 billion, equal to $691 per Albertan.

Étiquettes:
alberta budget, alberta debt, alberta economy, alberta deficit, alberta government spending
Février 29, 2024 3:56PM

Alberta government’s budget promises will fall flat without clear long-term plan
Tegan Hill
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Alberta government’s budget promises will fall flat without clear long-term plan

Program spending from 2023/24 to 2025/26 will be $6.4 billion higher than projected just three months ago.

Étiquettes:
alberta budget, alberta government finances, alberta government spending, alberta debt
Février 2, 2024 10:30AM

Alberta government would run large deficit without historically high resource revenue
Tegan Hill
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Alberta government would run large deficit without historically high resource revenue

Every dollar that goes towards debt repayment is a dollar unavailable for important services or tax relief.

Étiquettes:
alberta deficit, alberta government finances, alberta debt, alberta budget, budget deficit
Novembre 20, 2023 11:46AM

New ‘fiscal framework’ won’t solve Alberta’s ongoing problem
Tegan Hill
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New ‘fiscal framework’ won’t solve Alberta’s ongoing problem

From 2008/09 to 2020/21, the province racked up $60 billion in provincial net debt.

Étiquettes:
alberta's finances, alberta government finances, alberta deficit, alberta government debt, alberta debt
Mars 31, 2023 8:21AM

Albertans set to pay more interest on government debt—despite surpluses

Tegan Hill, Ben Eisen
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Albertans set to pay more interest on government debt—despite surpluses

According to projections, debt interest costs will reach $3.1 billion in 2025/26.

Étiquettes:
alberta finances, alberta government debt, alberta government finances, alberta's finances, alberta debt, budget surplus
Février 9, 2023 11:09AM

Alberta government should set province on track to eliminate debt
Trevor Tombe
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Alberta government should set province on track to eliminate debt

By reducing provincial debt, the province would be better prepared for the next inevitable shock.  

Étiquettes:
resource revenues, alberta revenues, alberta government finances, alberta's debt, alberta debt
Février 9, 2023 9:30AM

Alberta government should seize opportunity to reduce province’s personal income taxes
Jack Mintz, Tegan Hill
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Alberta government should seize opportunity to reduce province’s personal income taxes

Due to tax hikes in Ottawa and Edmonton, the province's top combined income tax rate increased to 48 per cent.

Étiquettes:
alberta budget, alberta debt, alberta's debt, alberta revenues, budget surplus
Janvier 11, 2023 8:45AM

Alberta government must commit to spending restraint and reform
Jake Fuss, Tegan Hill
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Alberta government must commit to spending restraint and reform

The province had the largest growth in government net debt in Canada from 2007/08 to 2021/22.

Étiquettes:
alberta debt, alberta government finances, alberta government spending, alberta's debt