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Modest improvements in Alberta’s Fiscal Outlook reinforce need to curb COVID-19 today and diversify our economy tomorrow

Alberta’s projected deficit and debt burden have improved slightly, as the province’s deficit has been reduced by $2.8 billion per today’s fiscal update. In the short-term, Albertan businesses will continue to need support through the COVID-19 pandemic. In the long-term, a full focus on economic diversification and job creation will be required to rebuild resiliency in our economy and ensure fiscal sustainability.

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