alberta government spending

3:30PM
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The Notley government overshot its budgeted spending levels by $2 billion in 2016/17 and $1 billion in 2017/18.


9:04AM
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Once its net debt reaches $48 billion in 2020/21, Alberta will have burned through $83 billion in net assets in 13 years.


9:38AM
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Fort McKay reduced spending and reoriented its business strategy toward income stability.


12:52PM
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Ratings agency DBRS has downgraded Alberta’s credit rating from AA (high) to AA.


12:06PM
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The PBO has given the Notley government another warning that spending is badly out of line with revenue.


7:57AM
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Alberta has seen a run-up of projected net debt totalling about $10,000 per Albertan by 2019/20—up from essentially zero in 2015/16.