alberta debt

8:02PM
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The government has moved from a 10 per cent flat rate personal income tax to a progressive tax with steeper rates.


1:09PM
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Alberta projects a budget deficit of $28.9 billion over the next three years.


9:00AM
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Ontario’s cumulative deficit from 2009 to the end of last year was approximately $81.9 billion—50 per cent more than projected in 2009.


11:00AM
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By 2018/19, net debt will reach $33.2 billion—about $7,500 for every Albertan.


12:00PM
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The province has run an operating deficit in all but one year since 2008/09—even when oil prices exceeded $90 per barrel.

9:00AM
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Alberta expects to rack up $37 billion in new debt over the next three years.


3:30PM
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There are 175 collective bargaining agreements with public-sector employees coming up for negotiation in the near future.


3:31PM
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Alberta will become a net debtor province this year for the first time since 1999/00.


9:20AM
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The projected deficit is $10.4 billion, up from $6.3 billion last year.