Alberta facing deep cuts, big fights

Review calls for province to swallow some bitter medicine to rescue ailing finances, tied to spending with low resource revenues

Gary Park

for Petroleum News

For a brief few years from 2004, Alberta was an object of both envy and exasperation for the rest of Canada as it proudly and loudly proclaimed its debt-free status, 10 years after setting a goal to wipe out a C$23 billion burden. The target was largely achieved through an unmatched gusher of oil a....

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Panel probes financial challenges

Resource revenues key

Sales tax not in study