NDP to table largest deficit budget in Alberta history as provincial revenues plummet with oil prices

Lost in the hullabaloo over Rachel Notley’s NDP snuffing out the 44-year Tory dynasty has been the magnitude of the fiscal squeeze now facing the province.

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.

  • BillyHW


    • dance…dancetotheradio

      This is the end of the beginning.

    • V10_Rob

      To be fair, they never claimed the Change would be for the better.

    • DMB

      I wonder how she will react to a one on one meeting with Justin!

  • Wolf Man


    • andycanuck

      Welcome to Boob Rae’s Ontario.

  • Drunk_by_Noon

    It’s only money, and you can’t put a price on social justice.

  • Ron MacDonald

    Let’s hope deadbeats from the other provinces move to Alberta to take advantage of the provinces generosity. That’ll show them.

  • DMB

    If only the late premier of Alberta Ralph Klein could speak to Rachael Noetly from the dead! http://www.edmontonjournal.com/news/cms/binary/8170929.jpg?size=640×420

  • mauser 98

    Premier Strapon to Dippster Notley : “Amateur!!”

  • LauraS

    Looks good on them. We have Albertans in our circle of family/friends. All the younger ones were ecstatic when the NDP was elected. I hope they all wind up unemployed. Serves them right, gloating little sh**s. I no longer care about those too stupid to vote for economic prudence and good governance.

    • disqusW6sf

      “…gloating little sh**s” Yes they are too.

      • pike bishop

        They can go to work for the CBC or CTV or Global. Gloating is an art form there and handsomely rewarded.

  • Cat-astrophe

    So what does it matter if there is going to be such a huge deficit?

    We can still borrow from the international Bankster’s according to Edmonton’s mayor Iverson..
    Besides this is an NDP government….they were going to spend our way to prosperity any way….we will just get there quicker, lol.

  • Clausewitz

    My best man from my wedding moved his Oil and Gas exploration company from Alberta to Saskatchewan six month’s ago. He sent a two word message to his former colleagues at the Calgary Prospector Association. “You’re fucked”.

    • mauser 98

      investor Kevin O’Leary says money ,investment fleeing Albertastan

  • Oracle9

    That’s OK! Truthiness has replaced facts, reason and fiscal responsibility!

    At least until the bankers withdraw their support. But who cares? That’s the general attitude of everyone except the hard-working shrinking minority.

  • Exile1981

    7 billion? She’s just getting started on destroying the province.