alberta deficit

9:38AM
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Fort McKay reduced spending and reoriented its business strategy toward income stability.


7:00AM
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The $10.3 billion deficit the province plans to run this year is just shy of the provincial record of $10.8 billion set last year.


12:52PM
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Ratings agency DBRS has downgraded Alberta’s credit rating from AA (high) to AA.


7:57AM
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Alberta has seen a run-up of projected net debt totalling about $10,000 per Albertan by 2019/20—up from essentially zero in 2015/16.