Alberta, home to Canada’s vast oil sands, said it would run a deficit of $8.8 billion in the fiscal year 2018-19, less than its forecast of $9.7 billion in 2017’s budget.
Alberta sees $8.8 billion budget deficit in 2018-19
Alberta said on Thursday it will run a smaller-than-expected budget deficit in the coming fiscal year and vowed to balance the books in five years as it tightens spending.