Albertan Canada Economic and Pipeline Update

Fiscal policy Low debt burden 2017-18 Projected Net Debt to GDP(1) Quebec 46% Ontario 38% British Columbia 16% Alberta 6.8% 2019-20 Projected Net Debt to GDP 11.4% (1) RBC: Public accounts basis. Numbers are based on reports from individual governments and, due to accounting differences, are not strictly comparable between provinces. Sources include: Fiscal reference tables (Department of Finance Canada), various provincial budgets, budget updates and public accounts. As of September 26, 2017. 12 Albertan Canada

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