Alberta's Deficit Soars Despite Oil Surge
Edmonton News Today | 2 Min News | The Daily News Now! · The Daily News Now!
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Show Notes
Albertas finance minister reveals a significant deficit despite oil prices surging, with a projected nine billion dollar hole for the new fiscal year. Opposition leader Naheed Nenshi criticizes poor money management, as everyday folks grapple with soaring fuel prices. Oil prices, driven by geopolitical tensions, have jumped from sixty dollars fifty cents to between eighty five and one hundred fifteen bucks per barrel.
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