alberta government debt
By 2022/23, the province will have accumulated an estimated $46.6 billion in net debt.
The province's net debt is expected to grow by $11 billion over the next three years.
This year, the province's debt will reach a projected $36.6 billion.
Alberta now spends roughly 20 per cent more per person on day-to-day government expenditures than neighbouring B.C.
This year, the Kenney government forecasts an $8.7 billion operating deficit.
Next year Alberta is expected to surpass B.C. in per-person debt.
The province closed out the decade with an estimated $36.6 billion in net debt.
Premier Ralph Klein’s government reduced program spending by 21.6 per cent over three years.
The province has $28 billion in net debt.