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Alberta trims deficit, but warns low oil prices slowing economic growth


Reuters
Updated: 30-11-2018 23:33 IST
The Alberta government on Friday trimmed its 2018-2019 budget deficit estimate, but downgraded the 2019 economic growth forecast in the Canadian province due to faltering crude oil prices.

The deficit looks to reach C$7.5 billion ($5.7 billion), compared with C$7.8 billion projected in August, the government said in a statement. ($1 = 1.3281 Canadian dollars) (Reporting by Rod Nickel in Winnipeg, Manitoba)

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