'This is a crisis': Joe Ceci warns gaping oil differential could spur economic downturn

Alberta’s latest economic update boasted of strong growth in the first half of 2018-19, but warned of a future slump due to the brutal oil price differential pummeling energy producers.
“This is a crisis,” Finance Minister Joe Ceci said in a statement. “If the differential is not addressed, our entire country could be plunged into a downturn.”
The second-quarter financials released Friday projected a $1.3-billion reduction in the provincial deficit, totalling $