The government of Alberta recently released – on August 23 – an update (http://finance.alberta.ca/publications/budget/quarterly/2016/2016-17-1st-Quarter-Fiscal-Update.pdf#page=11) on its financial situation.  It estimated that the deficit for the current fiscal year would be some $10.9 billion, $527 million higher than forecast at the time the province’s budget was brought down in April of this year.  Total revenue is Read More…