By The Canadian Press

Balancing the Budget

Alberta is no longer the rich kid on the block: Toews

Sep 5, 2019 | 6:12 AM

CALGARY – Alberta’s finance minister says his goal is to balance the budget by 2023 but nothing is written in stone especially with uncertainty over pipelines.

The Federal Court of Appeal today allowed six of 12 legal challenges to the Trans Mountain pipeline expansion that would bring more Alberta oil to the west coast.

Travis Toews says the United Conservative government is committed to balancing the budget in its first term but recognizes there is revenue volatility.

His comments come one day after a blue-ribbon panel said the province habitually overspends on its services.

The panel recommended the province get tough on schools, have university students pay more and force doctors to charge less.

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Toews says Alberta is no longer the rich kid on the block in Canada.

Although the report suggests cutting the province’s operating budget by 600 million dollars a year, Toews says it could be higher.

The government is to table its first budget in October.