“Today’s fiscal update reflects the reality that Albertans have been experiencing first-hand for months,” said Progressive Conservative Interim Leader and Finance Critic Ric McIver. “We are deeply concerned to see this government continue to borrow for operations while making no effort to control spending. With the deficit projected to rise dramatically next year, this government has no other plan than to continue racking up debt that will rest squarely on the shoulders of our children and grandchildren.”
While we recognize that the government does not control the price of oil, they continue to make choices that further destabilize our economy and cause even more hardship for people across the province.
“Albertans need leadership when it comes to weathering this storm,” said McIver. “It’s clear that Premier Notley must take immediate action to control her government’s spending and reverse her damaging economic policies.”