alberta debt

8:56AM
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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.


2:22PM
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Alberta government must further restrain spending to stabilize provincial finances

This year, program spending will reach a projected $14,334 per Albertan, which is $1,603 higher than the original plan.


2:30AM
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Alberta’s credit upgrade belies risk of red ink on the horizon

Compared to the government’s 2022 mid-year plan, it will spend $6.1 billion more in 2023/24.


10:07AM
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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.


3:56PM
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Alberta government’s budget promises will fall flat without clear long-term plan

Program spending from 2023/24 to 2025/26 will be $6.4 billion higher than projected just three months ago.


10:30AM
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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.


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.


11:09AM
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Alberta government should set province on track to eliminate debt

By reducing provincial debt, the province would be better prepared for the next inevitable shock.  


9:30AM
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Alberta government should seize opportunity to reduce province’s personal income taxes

Due to tax hikes in Ottawa and Edmonton, the province's top combined income tax rate increased to 48 per cent.