The Royal Bank of Canada’s provincial fiscal tables, published Nov. 27, show Albertans have the lowest provincial net debt per capita of any Canadian province.
For example, RBC projected Quebec’s provincial net debt per capita for 2019-20 at 2.43 times higher than Alberta’s, and Ontario’s at 2.59 times higher.
Jason Kenney and the United Conservative Party of Alberta ran on a campaign platform of fear mongering about Alberta’s “ballooning” deficit and dire financial straits.
What royal baloney.
Alberta’s net debt per capita has increased faster than any other province’s — except for the oil-producing provinces of Saskatchewan and Newfoundland.
It isn’t a spending problem, it’s a revenue problem.
Kenney and his UCP government are now embarking on a program of public service, health and education cuts. More royal baloney (to be polite).
Kenney’s problem can’t possibly be about our provincial deficit. It can only be about cutting essential services to Albertans.
Ebenezer Scrooge, indeed!
Mike Priaro, Calgary