Alberta budget – plenty of red with promises of hospital and schools
EDMONTON – Alberta’s NDP Government is banking on bad times getting better in a budget that drips red ink, but promises a new hospital, new schools and renewed front-line spending.
Finance Minister Joe Ceci is forecasting a $10.3-billion deficit in 2017-18 on total spending of $45 billion.
Alberta is on track to hit $71 billion in debt with more than $2 billion in interest payments a year by the end of the decade.
The province is counting on oil prices continuing to slowly rebound to whittle away at the deficit.


