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Alberta finance minister 'confident' province will resist potential recession - BNN Bloomberg

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Alberta’s finance minister says he’s confident his oil-rich province is in strong shape to resist entering a potential recession next year, despite economic pressures like high inflation, rising interest rates and a volatile global economy.

by almost $1 billion, down to $12.3 billion from the $13.2 billion figure that was estimated in August.

The province’s smaller surplus figure presented Thursday reflected a $2.5 billion spending increase. It also set aside $2.8 billion over the next three years to pay for a slate of inflation relief measures announced by Premier Danielle Smith this week that are aimed at helping residents weather higher prices.

– a consideration Toews said the government wrestled with before deciding to roll out the targeted supports to people who are struggling with affordability.

 

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after living here for 62 years(born and raised) it's always been 'Chicken one day and feathers the next' we're used to it

Travis has done a great job!

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