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ARTICLE · 23 MARCH 2017

Alberta Budget 2017

Borden Ladner Gervais LLP
Borden Ladner Gervais LLP
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The province has seen two consecutive years of recessions as a result of the low price of oil.

CanadaEnergy and Natural Resources

On March 16, 2017, the Alberta Government released Budget 2017 titled "Working to Make Life Better" ("Budget 2017"), which includes the government's fiscal and capital plans and the outlook for the province's economy. This is the NDP's third budget which follows last year's "The Alberta Jobs Plan" released on April 1, 2016 ( click here for BLG's analysis of Budget 2016). Finance Minister, Joe Ceci, stated that there are signs "green shoots" are emerging from the downturn in Alberta's economy, including increased drilling rig activity, exports, and employment in the province. The province has seen two consecutive years of recessions as a result of the low price of oil. The Alberta Government structured Budget 2017 around three key themes:

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