We aren’t politicians, nor are we economists, so we won’t attempt to explain the new budget to you. But we will provide you with the information we’ve found and with some links to people much smarter than us 🙂

  • Province’s debt forecast to hit $57.6B by 2019
  • The government is borrowing $5.4 billion to cover operating costs this year
  • The $10.4 billion is an estimated worst case scenario
  • If oil prices increase, the deficit will lower
  • A carbon tax will come into effect Jan 1st 2017

www.cbc.ca/news/canada/edmonton/alberta-budget-2016-what-do-people-think

www.cbc.ca/news/canada/edmonton/alberta-budget

 

Hope you have a good weekend! -P&D

*Picture from Canadian press*

Filed under: Alberta, budget, News, Yeg