Larger deficit now in the forecast for Alberta
Alberta's Finance Minister Joe Ceci says our deficit is now expected to balloon to as much as $6.5 billion this year. That is higher than the $5 billion previously projected by the Prentice Government, but Ceci says the extra expense reflects higher-than-anticipated costs for fighting wildfires and drought, as well as the reversal of the previous government’s planned cuts to healthcare and education. "This may not be the final number. The last month has been volatile for the energy sector. A...
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