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Increased crude-by-rail in Alberta comes with increased risks
This week Alberta Premier Rachel Notley announced her government will purchase rail cars in an attempt to reduce the province’s transportation bottlenecks and help lower the massive oil price differential for Canadian heavy crude. ...
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Alberta deficit hit $8 billion despite improving resource revenues
The Government of Alberta released its 2017/18 annual report Thursday, closing the book on the 2017/18 fiscal year. According to the report, the deficit for the fiscal year turned out to be $2.5 billion less than initially anticipated ...
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Uncontrolled spending driving Alberta government towards net debt position
According to Alberta’s recently released annual report, the province’s operating deficit for the year was $6.4 billion—about $300 million more than projected by the Notley government in its October budget. Factor in capital spending ...