Premier Jason Kenney says Coronavirus may affect budget plans
Posted Mar 7, 2020 10:18:25 AM.
Last Updated Mar 11, 2020 03:22:59 PM.
EDMONTON – Alberta may not get the budget balanced by the year 2023 as promised.
Premier Jason Kenney says the novel coronavirus is hammering the economy and if it continues this will force a reappraisal of what was one his party’s core commitments.
Opposition N-D-P Leader Rachel Notley says even in good times, Kenney’s budget plan was doomed to fail.
“Jason Kenney’s plan to balance the budget by 22-23 was always based on a collection of fantasy land numbers. It was never real.”
Notley says Kenney’s budgets are fundamentally flawed with punishing cuts to public services, unnecessary tax cuts to corporations, and unrealistic oil-price projections.
“I’ve always said this is our strong commitment to Albertans however if there is a major prolonged global downturn that would obviously affect our plan to get to balance in that time frame,” says Kenney.