Alberta's best guess for the number of jobs the province could lose this year could be an underestimation, as the country's strongest economic engine continues to be weighed down by low oil prices.
"There's so much uncertainty that it's hard to forecast what's going to happen in the economy," said Jack Mintz, a professor of fiscal and tax policy at the University of Calgary and former president of the C. D. Howe Institute think-tank. "I suspect we're not finished with bad news."
This week, Alberta Finance Minister Iris Evans announced the province would table its first deficit budget in 15 years and projected that 15,000 Albertans would lose their jobs going into a recession period...more
