2021 will be Alberta’s Year of Fiscal Reckoning
The provincial government is running a record $24-billion deficit and its accumulated debt is a few dollars shy of a record $100 billion. For much of 2020, Alberta’s jobless rate was the highest of any province outside of Newfoundland, while, at times, Calgary had the highest unemployment rate of any major city.
If 2020 was the Year of the Pandemic, 2021 promises to be the Year of the Pandemic Hangover — that’s if we’re lucky and the promised vaccines work. If all goes well, the world will be recovering from the economic and societal headaches caused by COVID-19. But nowhere in Canada will the recovery...
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What a bunch of chuds lol