Thursday, March 01, 2007

Alberta`s Record Breaking Budget

Once again Alberta has reached a superlative status in Canada. The oil rich fundamentally balanced economy reached a budget record in the third quarter.

"Alberta will reap its second highest ever surplus this year - a $7-billion gusher driven by a continuing natural resource boom."
href="">Financial Post

The excess won`t be used to reduce taxes but kept as an emergency fund.

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