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Sovereign Wealth Funds Briefing - Categorized | Performance

Alberta passes the buck on $1bln deficit

Posted on 23 February 2009

From Nationalpost.com: Alberta will post its first deficit in 15 years at the end of March, but the global financial crisis — not government bungling — is responsible, the province’s finance minister said yesterday.

“The dollar losses that Albertans are experiencing today have not come because of things individual ministers have done,” Iris Evans said. “They have come from forces that are well beyond the control of ministers of the Crown.”…. Full Article: Source


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