The Fraser Institute has released a report showing that average provincial costs for health care program spending have gone from 34.4% to 40.6% on average, between the years of 1998 to 2015 in Canada.
In Alberta, healthcare has increased 317% between those years and the difference between healthcare and non-healthcare growth in spending in the province is the greatest here at 118.2%. And we have the greatest difference in healthcare spending and GDP at 100.9%. Projections show that spending will grow another 6.3% per year on average from 2015 to 2030.
But there’s really no surprise – the Alberta NDP have increased health care spending even though spending under the Progressive Conservative’s was getting out of control. According to another report completed by the Fraser Institute, the PC’s wasted $49 billion on public sector contracts and pensions, double the rate of inflation. And now under the NDP, the healthcare budget accounts for 42% of spending, which accounts for $20.4 billion dollars. That amounts to $2.3 million an hour and $56 million a day. In fact, this is the first time Alberta will have to borrow money to cover the province’s operating costs.
Public sector jobs were up by 47,000 in December of 2015. The report from the Fraser Institute uses general inflation, health specific inflation, population growth and other factors to point out that the provincial budget for healthcare spending will increase to 47% by 2030. That’s almost 50% of the entire budget.
Throwing more money at the Alberta Healthcare system won’t improve it. Provinces like Saskatchewan are operating on 37.5% of their budget with wait times 7.6 weeks less than in Alberta.
Our government should have learned the lessons from keeping a bloated healthcare system in operation, but they continue making the same mistakes on the backs of Albertans presumably to make their union friends happy. It takes money away from potential savings and undermines tax relief for Albertans.