As oil prices dip, critics warn Alberta could lose its budget surplus
In a statement to Global News, the government dismissed the NDP’s warnings.
“We recognize the volatility of oil prices which is why we introduced a fiscal framework that gives us the flexibility to meet Albertan’s needs while still providing for the needs of today and saving for the future.”The UCP’s pre-election budget released in February projected a $2.4-billion surplus. The UCP passed its fiscal framework earlier this year which prevents the province from running a deficit.
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