Alberta’s net financial position has deteriorated by $68 billion in 11 years

Alberta Finance Minister Joe Ceci (pictured above) recently claimed that the provincial government will maintain its spending trajectory, regardless of whether the province suffers another credit downgrade.With the province having already seen its credit rating downgraded, and with big budget deficits projected for the rest of this government’s fiscal plan, it’s not clear what evidence could possibly convince the Minister Ceci to realize the current strategy is not working and to change course.Unfortunately the government’s failure to acknowledge Alberta’s fiscal problems and develop a credible strategy for addressing them quickly could have a devastating impact on the province’s finances going

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