Alberta Moves Budget Balance Date Back A Year, Red Ink Now To Be Gone By 2020

Darpan News Desk IANS, 21 Oct, 2015 12:55 PM

EDMONTON — Alberta's finance minister is rolling back the date on balancing the budget.

Joe Ceci says the NDP government will not balance the budget until the 2019-2020 fiscal year due to the long-term slump in oil prices.

That's a year later than Premier Rachel Notley promised in the spring election.

Ceci says other promises made in the campaign will be honoured.

The budget will be delivered on Tuesday as the fall session of the legislature gets underway.

Ceci has already said this year's budget deficit will be about $6 billion.

Prev Next

MORE National ARTICLES

Liberal Wave Reaches Metro Vancouver As Rest Of B.C. Splits Along Party Lines

The map of election winners in British Columbia mirrored the political spectrum after Monday's election — NDP on the left, Conservatives on the right and Liberals down the middle.

Liberal Wave Reaches Metro Vancouver As Rest Of B.C. Splits Along Party Lines

19 Indian-Canadians Elected To Canadian Parliament

The Indian-Canadians more than doubled their representation in the Canadian parliament from eight to 19 as Canadians voted out the Conservative Party by handing out a landslide to the Liberal Party on Monday.

19 Indian-Canadians Elected To Canadian Parliament

Justin Trudeau Emerges As Political Force In Own Right, Out From Father's Shadow

OTTAWA — It seems somehow fitting that the son of the man who first fired up political passion in Stephen Harper should be the person to usher him out of politics.

Justin Trudeau Emerges As Political Force In Own Right, Out From Father's Shadow

In D.C. Bar, Canadians Involved In Foreign Affairs Cheer End Of The Harper Era

It was a scene of cheers, high-fives, and sighs of relief about the demise of a Harper-era foreign policy they'd disdained for a decade, often in silence.

In D.C. Bar, Canadians Involved In Foreign Affairs Cheer End Of The Harper Era

Justin Trudeau Begins Healing Process After Divisive Election Campaign

MONTREAL — Justin Trudeau used his maiden speech as prime minister-designate to start the healing process for wounds torn open during a divisive election campaign.

Justin Trudeau Begins Healing Process After Divisive Election Campaign

First Nations Look Forward To New Relationship With Ottawa: Chiefs

Some of Canada's top First Nations leaders say the federal election awoke a sleeping giant that the incoming Liberal government will have to contend with.