ALBERTA’S FISCAL SITUATION

We dug through the province’s latest financial reports for these quick facts about Alberta’s coffers.

Alberta’s revenues for 2018-19 were $1.7 billion higher than expected, at $49.6 billion.

Total expenses were $56.3 billion, about $200 million more than estimated in budget.

The province faced a $6.7-billion deficit in 2018-19.

At March 31, 2019, Alberta’s net financial debt was $27.5 billion, or $6,380 per person.

Five years ago, provincial coffers reported net financial assets of $13.1 billion.

Expenses have grown by an average of nearly four per cent each year since 2014-15.

In introducing the 2018 budget, the NDP government projected $96 billion in debt for the province by 2023.

WHO ELSE IS ON THIS PANEL, ANYWAY?

Here are the five other folks accompanying Janice Mackinnon on her deep dive into Alberta’s finances:

Mike Percy: Former Alberta MLA and dean of the University of Alberta’s School of Business. Chief of staff to former premier Jim Prentice.

Kim Henderson: A principal at Sproat Advising. Former deputy minister, cabinet secretary and head of the

B.C. public service and deputy finance minister in that province.

Bev Dahlby: Research director at the University of Calgary’s School of Public Policy.

Dave Mowat: Former president and chief executive at ATB Financial.

Jay Ramotar: Former deputy minister on many files in Alberta, including Service Alberta, infrastructure and transportation, and Treasury Board.