Tuesday, November 3, 2015

Alberta expected to unveil largest deficit budget in its history - Michael Shulman, CTVNews.ca

The Alberta NDP is expected to reveal what could be the largest deficit budget in the province's history when the fall legislative session kicks off on Tuesday. Alberta's finance minister, Joe Ceci, hinted earlier this week that the deficit could stand just shy of $6.5 billion for 2015-16 and its books will remain in the red for another year. Duane Bratt, the chair of department of policy studies at Calgary’s Mount Royal University, told CTV News Channel that economic situation in the province is "ugly" and said that the NDP's budget reflects those struggles. http://www.ctvnews.ca/politics/alberta-expected-to-unveil-largest-deficit-budget-in-its-history-1.2626895