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Alberta faces historic 24.2 billion deficit on weak outlook
Alberta's first quarter update shows a deficit of 24.2 billion, more than triple the February projection. Finance Minister Travis Toews warns of very difficult days as debt nears 100 billion and revenue falls sharply amid oil price collapse and COVID-19. Opposition calls for policy shifts and pillar investments in health and education.
MENTIONED IN THIS ARTICLE
Alberta
United Conservative
Travis Toews
Toews
NDP
Shannon Phillips
Trevor Tombe
University of Calgary