What was the deficit in 2015?
$439 billion
At $439 billion, the 2015 deficit constituted the smallest since 2007, and at 2.5 percent of gross domestic product, it was below the average deficit (relative to the size of the economy) over the past 50 years.
Is Alberta in a deficit?
The Alberta government’s final fiscal update for the 2020-21 year is slightly smaller than anticipated in its update presented in November, but the province is still dealing with a $16.9 billion deficit – more than double what was presented in Budget 2020 last February.
What is the provincial deficit in Alberta?
The revised projections come after Alberta’s coffers were hard hit by the pandemic and oil price collapse in 2020-21, with the province ending the fiscal year with a deficit of $16.9 billion. In 2021-22, total revenue is expected to be $55 billion, $11.3 billion higher than forecasted in the budget.
What is the Alberta deficit 2019?
$8.7 billion
Alberta provincial budget, 2019
| Bill 20 Bill 21 | |
|---|---|
| Program Spending | $54,612 million |
| Deficit | $8.7 billion |
| Debt | Total outstanding debt $80.8 billion Taxpayer supported debt $62.7 billion |
| Website | Alberta 2019 budget |
What was our deficit in 2016?
The requested budget was submitted to the 114th Congress on February 2, 2015….2016 United States federal budget.
| Submitted | February 2, 2015 |
|---|---|
| Total expenditures | $3.999 trillion (requested) $3.853 trillion (actual) 20.9% of GDP |
| Deficit | $474 billion (requested) $585 billion (actual) 3.2% of GDP |
| Debt | $19.57 trillion (actual) |
| GDP | $18.407 trillion (actual) |
What is Alberta’s deficit 2020?
In year-end financial statements for 2020-21 released Wednesday, the province posted a $17-billion deficit — about double what the budget predicted, but $3 billion lower than a winter forecast.
How much is Alberta’s debt?
Entering 2021, the provincial government’s debt was $98 billion. That will increase significantly as the deficit for this year is expected to be more than $18.2 billion.