Keith Gerein: Alarming report shows Alberta positioned for slow-moving fiscal disaster
Think Alberta’s projected $8-billion deficit is big?
Try $40 billion.
Though hard to believe, that’s the planet of red ink the province could be drowning in just a little over 20 years from now.
The alarming number is featured in a new paper by University of Calgary economist Trevor Tombe, who sees a “fiscal gap” on the horizon that will prove impassable without major structural changes to the province’s finances.
The gap is so large that it’s more accurate to
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