alberta deficit

3:24PM
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The Alberta government dramatically increased personal and corporate income taxes.


1:01PM
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Ontario’s net debt has increased by $126.5 billion since 2008/09.

3:45AM
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Alberta’s first-quarter fiscal update now expects the province’s operating deficit this year will be $10.9 billion.


10:08AM
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This year Alberta is projected to run a budget deficit of $10.9 billion.


2:38PM
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Sustained program spending growth by successive governments is the primary reason for the big deficits.


11:06AM
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According to the annual report, the province’s operating deficit for the year was $6.4 billion—about $300 million more than projected by the Notley government.


3:00AM
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As oil royalties have fallen, Albertans have endured multiple tax hikes and a S&P downgrade.


8:02PM
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The government has moved from a 10 per cent flat rate personal income tax to a progressive tax with steeper rates.