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Old 12-20-2016, 11:17 PM   #5700
Ozy_Flame

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Don't really care how bad the other provinces are doing, TBH. I believe Alberta is in a relatively unique situation with regards to the revenue/spending problem vs. natural resource base. Not sure there are other provinces we can look to for "get out of the hole" inspiration.

Quite worried about our debt servicing costs though ($1 billion this year) and skyrocketing fast. This in addition to the amount of borrowing. By 2018, the carbon tax revenue will barely be able to support the servicing costs if you look at the budget numbers as a whole. There has to be cost cutting measures because new taxes are barely going to do any damage.
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