Despite Rebounding Oil Royalties, Balanced Budget Out of Reach for Alberta

Ottawa, July 26, 2017—A slow rebound in royalties and corporate tax revenues will help shrink Alberta’s deficit over the coming years. But the process will be slow and the deficit is expected to remain around $6.8 billion by 2019–20. In that time, net debt will balloon from $9.5 billion to $44 billion—and debt

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