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alberta deficit

Septembre 23, 2024 8:56AM

Albertans can’t afford supersized spending promise without spending reductions

Tegan Hill
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Albertans can’t afford supersized spending promise without spending reductions

The government plans to quadruple spending on school construction from $2.1 billion to $8.6 billion.

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alberta deficit, alberta government finances, alberta debt, alberta government spending
Juillet 18, 2024 9:10AM

Alberta government must rein in spending to avoid future deficits
Tegan Hill
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Alberta government must rein in spending to avoid future deficits

The government will spend a projected $6,037 more per Albertan over four years than it planned in the 2022 mid-year update.

Étiquettes:
alberta budget, alberta government spending, alberta government finances, alberta finances, alberta deficit
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 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
Octobre 7, 2022 8:34AM

New Alberta premier should save surplus and resurrect rainy-day fund

Tegan Hill
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New Alberta premier should save surplus and resurrect rainy-day fund

The province went from spending $61 per person on provincial debt interest to roughly $562.

Étiquettes:
alberta sustainability fund, alberta heritage fund, alberta sovereignty act, alberta deficit
Juillet 5, 2022 8:28AM

Resource revenue drove Alberta’s huge fiscal turnaround in 2021-22
Tegan Hill
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Resource revenue drove Alberta’s huge fiscal turnaround in 2021-22

Alberta’s fiscal improvement is good news, but without significant policy changes, it will only last so long as commodity prices stay high.

Étiquettes:
resource revenues, resource revenue, alberta deficit, alberta revenues, alberta government finances, alberta government spending
Mai 12, 2022 1:00AM

What Changed in Alberta from the Fall 2021 Mid-year Update to Budget 2022
Tegan Hill, Joel Emes
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What Changed in Alberta from the Fall 2021 Mid-year Update to Budget 2022
Étiquettes:
alberta budget, resource revenue, resource revenues, alberta deficit, alberta revenues, alberta government finances
Novembre 24, 2021 9:13AM

Economic freedom key to recovery in Alberta
Fred McMahon
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Economic freedom key to recovery in Alberta

According to forecasts, the province's net financial debt will eclipse $69 billion this fiscal year.

Étiquettes:
economic freedom of north america, oil and gas investment, alberta debt, alberta advantage, alberta deficit
Septembre 22, 2021 1:31PM

Despite smaller projected budget deficit, Albertans can’t afford to discount province’s fiscal challenges
Tegan Hill
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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.

Étiquettes:
alberta debt, alberta deficit, alberta budget, alberta government debt