This year, program spending will reach a projected $14,334 per Albertan, which is $1,603 higher than the original plan.
alberta government spending
By shifting resources and money, the government is simply shifting jobs into film and away from other sectors.
Compared to the government’s 2022 mid-year plan, it will spend $6.1 billion more in 2023/24.
In 2023/24, debt interest payments will cost a projected $3.4 billion, equal to $691 per Albertan.
According to projections, government debt interest will cost nearly $1,000 per British Columbian by 2026/27.
The province plans to spend $13.9 billion more over two fiscal years than originally planned in mid-year 2022.
The government should learn from past experience and ensure new rules about the fund are constitutional.
Program spending from 2023/24 to 2025/26 will be $6.4 billion higher than projected just three months ago.
In 2022/23, Alberta's program spending was $13,570 per person, more than $1,200 higher than Ontario.