This tightening will have to eliminate annual deficits above $10 billion. The latest deficit forecast is $10.3 billion for this year.
A tight belt won’t solve this problem. It needs a compactor.
Friday, December 1, 2017
ALBERTA NDP'S CHRONIC BUDGET PROBLEM
“Firmly but compassionately tightening our belts” — that’s the key political phrase for the second quarter of 2017-18.
This tightening will have to eliminate annual deficits above $10 billion. The latest deficit forecast is $10.3 billion for this year.
That’s down $183 million from the Q1 forecast; progress, to be sure, but glacially slow.
A tight belt won’t solve this problem. It needs a compactor.
This tightening will have to eliminate annual deficits above $10 billion. The latest deficit forecast is $10.3 billion for this year.
A tight belt won’t solve this problem. It needs a compactor.
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