Government debt interest will cost Albertans a projected $3.0 billion by 2022/23.
The Trudeau government created a new top tax bracket that raised the top federal rate to 33 per cent.
The most successful deficit-elimination efforts in recent Canadian history featured shorter timelines.
Alberta continues to make an outsized contribution to federal finances.
The province has one of the highest top personal income tax rates in North America.
Alberta’s personal income tax return relies on federally-determined income to calculate provincial income.
Saskatchewan increased government-sector employment by just 2.1 per cent—one-tenth of Alberta’s growth rate.
Prior to the Notley government tax changes, Alberta’s corporate tax rate was the lowest in Canada.
Alberta now has a net debt position of $30 billion.