Some highlights from the Alberta budget tabled in the legislature Thursday
EDMONTON — Alberta’s NDP government tabled its 2018-19 budget Thursday. Here are some of the highlights:
— Total revenue of $47.9 billion against spending of $56.2 billion. Deficit of $8.8 billion after a $500-million cushion against low energy prices is factored in.
— Fourth consecutive deficit run by Premier Rachel Notley’s government. The deficit was $6.4 billion in fiscal 2015 and $10.8 billion a year later. The current budget is on track for a $9.1-billion shortfall.
— The government projects deficits will fall from $8.8 billion this year, to $7.9 billion, to $7 billion, to $4.3 billion, to $4.1 billion and finally to a $700-million surplus by the spring of 2024.