alberta government finances

9:05AM
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Be warned—Alberta’s government finances remain at risk

The province’s debt interest costs have increased from $61 per Albertan in 2007/08 to a projected $672 per Albertan in 2023/24.


6:30AM
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Alberta government should rein in spending despite budget surplus

The government has increased program spending by nearly $10 billion since its original plan in 2022.


3:20PM
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Alberta projects $5.5 billion surplus in 2023/24 but luck may soon run out

Every US$1 decline in oil prices reduces government revenues by an estimated $630 million.


11:46AM
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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.


8:30AM
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Alberta government should adopt fiscal sustainability analysis and reporting framework
Sound analysis supports the efficient allocation of scarce financial resources.

12:35PM
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Alberta government should align spending with dependable sources of revenue

When resource revenue is relatively high, the government faces pressure to increase spending.


5:30AM
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Alberta government should cut corporate welfare to generate tax relief

In 2019, the Alberta government spent $2 billion on corporate welfare.