Alberta to Table Largest Deficit in Province’s History

Albertans, you broke it, you bought it, as they say.

The collapse of crude oil prices that had former Progressive Conservative premier Jim Prentice warning Albertans to brace for a $7-billion hole in provincial revenues will result in his NDP successors tabling a budget Tuesday that forecasts the largest-ever deficit in the province’s history.

Finance Minister Joe Ceci hinted this week the deficit will be just shy of $6.5 billion — nearly $1.5 billion more than Prentice forecast last March in a budget that was never passed.

  • Wolf Man

    ARE they crazy or just taking a page out of the Ontario Criminal Liberal Parties book

    OH YEAH I forgot they have oil and a much better chance of repaying it.

    Ontario Never Ever WILL>>>>>>>>>>>>>>

  • Clausewitz

    NEP II coming in 3… 2… 1…