Jason Kenney Alberta COVID-19 Alberta Government Coronavirus Jason Kenney

Outlook improves but budget deficit $21.3 billion, Alberta finance minister says

Reading now: 929
globalnews.ca

Alberta budget 2020 mired in red ink, but government to put ‘even finer focus on job creation’ That’s almost $3 billion less than projected at the first update in August, but still exponentially larger than the $6.8-billion deficit announced by Toews when he first presented the budget in February.But Toews says there is hope on the horizon, while cautioning events are still fluid and the path back will be long.Revenue is expected to reach $41.4 billion, almost $3 billion higher than last quarter due to improved forecasts for resource and gaming revenues, investment income and federal transfers.

Alberta boosts infrastructure spending by 40%, cuts business tax to bolster economy More than 70 per cent of the jobs lost in the first wave of.

Read more on globalnews.ca
The website covid-19.rehab is an aggregator of news from open sources. The source is indicated at the beginning and at the end of the announcement. You can send a complaint on the news if you find it unreliable.

Related News

Gotabaya Rajapaksa - The economy is recovering, says President during meeting with professionals - newsfirst.lk
newsfirst.lk
37%
285
The economy is recovering, says President during meeting with professionals
COLOMBO (News 1st); President Gotabaya Rajapaksa said that the nature or extent of the challenges will not matter in fulfilling the promises made to the people.He noted that development activities continue in the country while taking necessary steps to control the COVID-19 pandemic.The President also pointed out that the economy, which had been collapsed for nearly two years, is gradually recovering.The President made these remarks participating in the first round of discussions in a series of sessions with professionals representing various fields, held at the President’s House on Friday (11).The professionals who participated in the discussion said that they are further committed to make the national programme a success by giving the necessary strength to achieve the goals desired by the President, said a statement.The professionals vehemently rejected the allegations spread by some sections with the objective of achieving narrow political agendas, the statement added.Experts in the field said that the new approach to agriculture initiated by the President is being continuously supported by the researchers and entrepreneurs who are engaged full time in these fields, further noted the statement.Representatives from a wide range of fields, including education, policy, sociology, agriculture, research, water and renewable energy, medical, engineering and innovation, were present at the discussion with the President.Ministers, State Ministers, Members of Parliament, the Governor of the Central Bank, the Secretary to the President, the Principal Advisor to the President and many others were also present.
DMCA