Close X
Monday, January 13, 2025
ADVT 
National

Alberta's Finance Minister Says Low Oil May Delay Programs, Initiatives

Darpan News Desk The Canadian Press, 21 Dec, 2015 11:22 AM
    EDMONTON — Alberta Finance Minister Joe Ceci says millions of dollars in initiatives promised by the NDP government may be delayed due to low oil prices.
     
    Ceci said in a year-end interview that he may hit the brakes on some or all of a dozen programs set to begin in the 2016-17 fiscal year.
     
    They include new child-care benefits, cuts in school fees paid by parents, a student summer hiring program and loans for environmental retrofits.
     
    Ceci said that with the price of oil below US$40 a barrel, he is comfortable recommending to cabinet that some or all of the programs be delayed or receive less funding.
     
    The finance minister and his staff are crunching numbers for the next budget which is to be presented in February or March.
     
    This year's current budget forecasts a $6.1-billion deficit.

    MORE National ARTICLES

    RCMP Say Derek Saretzky, Suspect In Alberta Double Murder, Fit To Stand Trial

    RCMP Say Derek Saretzky, Suspect In Alberta Double Murder, Fit To Stand Trial
    LETHBRIDGE, Alta. — RCMP say the man accused of killing a two-year-old southwestern Alberta girl and her father has been found fit to stand trial.

    RCMP Say Derek Saretzky, Suspect In Alberta Double Murder, Fit To Stand Trial

    For Obama, Thanksgiving Is All About Food, Football And Hoping Turkey Doesn't Turn Out Too Dry

    For Obama, Thanksgiving Is All About Food, Football And Hoping Turkey Doesn't Turn Out Too Dry
    There was honey-baked ham with apricot-mustard glaze, and prime rib and creamed horseradish, according to the White House.

    For Obama, Thanksgiving Is All About Food, Football And Hoping Turkey Doesn't Turn Out Too Dry

    Former Olympic CEO Furlong Makes First Major Speech After Abuse Allegations Case

    VANCOUVER — John Furlong felt accused of letting Canada down when a newspaper published allegations that he abused First Nations children, the former Vancouver Olympics boss said in his first major speech in three years.

    Former Olympic CEO Furlong Makes First Major Speech After Abuse Allegations Case

    Federal Energy Minister Meets With Oil Industry Officials In Calgary

    Federal Energy Minister Meets With Oil Industry Officials In Calgary
    CALGARY — Canada's new natural resources minister met with his Alberta counterpart and oil industry executives in Calgary on Wednesday but gave them little to cheer about.

    Federal Energy Minister Meets With Oil Industry Officials In Calgary

    Dennis Oland To Testify In His Own Defence At Murder Trial

    Dennis Oland To Testify In His Own Defence At Murder Trial
    "Let me make one thing perfectly clear: to be sure it is our position that the Crown has not presented a case that satisfies the legal burden on this charge," Miller said.

    Dennis Oland To Testify In His Own Defence At Murder Trial

    Vancouver Police Say Deadly One-punch Incidents Fuelled By Booze And Bravado

    Vancouver Police Say Deadly One-punch Incidents Fuelled By Booze And Bravado
    Vancouver police say alcohol and bravado appear to be fuelling a disturbing — and sometimes deadly — trend of one-punch attacks.

    Vancouver Police Say Deadly One-punch Incidents Fuelled By Booze And Bravado