And that’s after gutting post-secondary education by half a billion over the last 2 years.
The UCP’s goal to have a $714 million surplus by 2023 seems to be drifting further and further away.
That number increases to more than $3.5 billion if you factor in inflation and population growth.
While $10 a day is better than what have now, there are a bunch of caveats.
Every year the UCP has been in power, they’ve cut arts-related operating expenses by $4M, on average.
After 15 sessions of bargaining with the faculty association, the U of L board of governors has filed for mediation.
I looked at head office data for Alberta during 2012 and 2019 and compared it to other provinces.
The UCP have borrowed nearly $16 billion a year since being in power, 38% more than the NDP borrowed.
Yep. You read that right. Negative $212 million.
The province has paid out more than $1.8 billion in P3 debt to private contractors over the last 10 years. And that amount is about to go up.