Federal election 2015
Federal election 2015
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Alberta heading toward $5.9 billion deficit
Alberta's finance minister says the province is on track to record a $5.9 billion deficit this year. Low oil prices have hammered provincial coffers. And finance minister Joe Ceci says if oil doesn't bounce back, the hole in the budget could get even bigger. "The last month has been volatile for the energy sector," Ceci told reporters Monday afternoon. "A revised forecast and economic outlook will be presented with our budget in October, but it's clear that the revenues have dipped even further...

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