Alberta feeling the budgetary pain
Province floundering in budget deficits not seen in 20 years; faces return to debt; critics call government price forecasts misguided
For Petroleum News
Alberta, the engine of Canada’s petroleum industry, faces a “lot of pain” in its next fiscal year, warns Finance Minister Doug Horner.
The province is already floundering in budget deficits not seen in 20 years and faces the specter of a return to debt, most of the downfall blamed on what the govern....
[additional news subjects in this story]
Plunge in resource revenues
Bitumen revenues down
Conventional crude steady
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