Fiscal Policy Trends: Commentary for the Provincial Budget March 22, 2018
DOI:
https://doi.org/10.11575/sppp.v11i0.43453Abstract
Since the Notley government was elected in May 2015, total government expense has increased 14.3 per cent, well in excess of the growth of population and inflation - 8.9 per cent. Capital spending and grants have increased by a whopping 40 per cent, all of it financed by selling off financial assets and issuing new debt.
Total debt servicing costs have increased from $776 million to $1.355 billion, an increase of $579 million - larger than the increase in the education budget and second only to the increase in the health care expense.
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