BY THE NUMBERS
Here are some of the noteworthy numbers from Thursday’s budget.
$54.2B
Alberta’s estimated debt in 2018-19.
8.7%
Alberta’s projected net debt to nominal GDP ratio in 2018-19
$47.9B
Total revenue Alberta expects to collect in 2018-19
$26M
The amount of revenue Alberta expects to collect from the new cannabis tax in 2018-19, the first partial year of cannabis being legalized. This does not include potential revenue from Alberta Gaming and Liquor Commission markups
$69M
The amount Alberta expects it will have to spend on cannabis legalization-related issues in the first year
2023-24
The fiscal year that Alberta is projected to return to a balanced budget, with a small surplus
US$59
The average price the province expects per barrel of oil at West Texas Intermediate rates
2.7%
The rate at which the province expects Alberta’s economy to expand in 2018-19
$15.9B
The estimated size of Alberta’s Heritage Savings Trust fund in 2018-19, reflecting modest growth from the previous year