Alberta gives first quarter fiscal update on Thursday

Alberta's first-quarter fiscal update shows the government expects a surplus of $2.9 billion but won't have surplus cash in the short term and will need to borrow hundreds of millions of dollars. Finance Minister Nate Horner said it's an accounting surplus, meaning the money is tied up, so in the meantime the province will need to take on $641 million in short-term borrowing.The information you need to know, sent directly to you: Download the CTV News AppThat surplus is up $2.6 billion from the