Balancing the Budget

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“The NDP’s spending has been out of control. Multi-billion dollar deficits each year mean that Alberta is heading toward a $100 billion debt wall. It is not right to burden our children with debt for services we use today. Their debt and deficits are crowding out spending on essential services, and we now spend more on interest than 17 of 21 government departments. Our interest payments are the same as nearly half of our social services budget. The United Conservatives have a credible, costed, independently verified plan to balance the budget within their first mandate.”

To Balance the Budget, a United Conservative Government Will:

  • Maintain operating spending at current levels as part of a realistic plan to balance the budget by 2022/23 without compromising core services.
  • Move Alberta closer to the provincial average in program spending per capita over four years as other provinces raise their spending to Alberta levels.
  • Formalize an annual spending review process within the budget and fiscal planning process to eliminate waste, duplication and non-essential spending and create the fiscal space to fund key government priorities.
  • Appoint an independent Blue-Ribbon Panel of experts to conduct a “deep-dive” into Alberta’s fiscal situation and propose a realistic plan to start paying down the debt.

For More Information, Please See Below

Under the NDP government, Alberta has the second highest level of program spending per person among the Canadian provinces at $12,700 in 2017/18, behind only Newfoundland and Labrador. That is $1,200 per person higher than the Canadian provincial average. Even the British Columbia NDP government is only spending $9,974 per person – a staggering $2,726 per person less than the Alberta NDP.

The NDP have made three separate failed promises to balance the budget, first by 2017/18, then by 2018/19, then by 2019/20. The NDP missed each target.

The NDP now promise to balance the books by 2023/24—the year after the 2023 election.

The NDP is simply not credible on balanced budgets.

That’s why the United Conservatives hired Stokes Economics, an economic consulting firm also hired by the Saskatchewan Party to cost its 2007 election platform. We asked Stokes Economics to provide both realistic revenue numbers.

This comparison uses the cautious, lower revenue projections provided by Stokes Economics. Using a realistic revenue scenario—including proving for risk adjustments in case energy revenues fall further—a United Conservative government will get to a balanced budget in 2022/23.


using Stokes Economics revenue forecasts (millions of $)

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