alberta government spending

10:19AM
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Equalization makes for a handy scapegoat, but successive Alberta governments have no one to blame but themselves for the province’s fiscal problems.


3:48PM
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When oil prices were high, successive governments spent freely as though the good times would never end.


3:30PM
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The Notley government overshot its budgeted spending levels by $2 billion in 2016/17 and $1 billion in 2017/18.


9:04AM
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Once its net debt reaches $48 billion in 2020/21, Alberta will have burned through $83 billion in net assets in 13 years.


9:38AM
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Fort McKay reduced spending and reoriented its business strategy toward income stability.


2:28PM
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The Alberta government expects another budget deficit of more than $10 billion.


12:52PM
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Ratings agency DBRS has downgraded Alberta’s credit rating from AA (high) to AA.


12:06PM
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The PBO has given the Notley government another warning that spending is badly out of line with revenue.


11:14AM
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The province’s debt will reach $45 billion by 2019/20.