Toews said the plan is to get Alberta out of the financial ditch in February with the budget.
In November, he laid out fiscal anchors for the journey: keeping the net-debt to GDP ratio under 30 per cent, reducing public sector spending to match comparable jurisdictions and setting a timeline to get the budget back to balance.
University of Calgary economist Trevor Tombe said Alberta is in the enviable position of having options. It s the lowest-taxed province, and oil and gas will continue to deliver billions of dollars to the treasury for the foreseeable future, though not in the same eye-popping amounts as boom times.
2021: Alberta eyes post-COVID economic rebound but faces big budget questions prpeak.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from prpeak.com Daily Mail and Mail on Sunday newspapers.