Canadian money
The numbers are in for the Alberta Government’s first-quarter financials. Simply put the government says it is running with a $2.6 billion operational surplus. That somehow coincides with it taking out a $2.1 billion loan for capital spending. Either way the financials show the government is borrowing less and saving more than predicted in the 2014 budget released in March.
“Albertans continue to reap the rewards of our government’s plan” said Finance Minister Doug Horner who defied public pressure to resign over a spending scandal earlier this month.
