Billion Dollar Baby? - Macleans.ca

Billion Dollar Baby?

Alberta deficit set to double B.C.

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For the first time since 1993, the Alberta government is set to report a $1-billion deficit—more than double that of B.C. Alberta’s finance minister Iris Evans blames the implosion of commodities prices, and declines in the value of the $16-billion Alberta Heritage Savings Trust Fund, which, like all other large investment funds has taken a beating since the market crash this fall.

Edmonton Journal

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