alberta debt

1:31PM
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Despite smaller projected budget deficit, Albertans can’t afford to discount province’s fiscal challenges

A boost in projected revenues this year have reduced the expected deficit for 2021/22, but this will only provide a small amount of relief.


8:58AM
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Report paints bleak picture of Alberta’s fiscal future

The province's per-person spending is significantly higher than in Ontario, B.C. and Quebec.


8:56AM
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New report paints gloomy picture of Alberta’s fiscal future—absent policy change

According to the PBO, Alberta must reduce spending by 3.1 per cent of GDP to restore fiscal sustainability.


8:26AM
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Alberta celebrates ‘Balanced Budget Tax Freedom Day’ later than any other province

This year's combined projected federal and provincial government deficits total $234 billion.


8:28AM
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Alberta needs new (old) rule to stabilize government resource revenues

In 2020/21, Alberta’s non-renewable resource revenue will comprise only 4.7 per cent of provincial revenue.


1:39PM
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Alberta economy recovering from COVID but government finances remain cause for concern

The province's net debt will reach a projected $102.1 billion by 2023/24.


3:01PM
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Kenney shouldn’t bank on resource revenues to balance budget—despite high commodity prices

A reliance on non-renewable resource revenue has caused trouble for the provincial finances for decades.


2:28PM
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Despite Alberta pleas, Trudeau government maintains ‘stabilization’ status quo

The program offset just 3.5 per cent of Alberta’s year-over-year revenue loss.


12:34PM
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Rising debt interest costs further threaten Alberta finances

By 2023/24, debt interest will consume 6.6 per cent of all provincial revenues.


10:27AM
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Alberta’s government debt interest costs continue to soar

According to budget forecasts, debt interest payments will reach $3.3 billion by 2023/24.