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Alberta on track for operational surplus

we know that we must still be careful about what lies ahead. We need to be ready for North Face Outlet what we can see around that corner. We all know how much our revenues can fluctuate in a short period of time. said given the volatility in oil and gas prices, the province will continue to hold the line on spending when he brings down the 2014 15 budget on March 6.

will deal with the pressures that come from a rapidly growing population, but we not opening up the spending taps. Today surplus will be used to cushion future drops in revenue. said this year projected surplus will be added to the province Contingency Fund, bringing it to $4.6 billion.

NDP Leader Brian Mason said the extra oil revenues prove that Premier Alison Redford Progressive Conservatives lucky idiots who couldn run a lemonade stand. North Face Online said by tying daily spending to the world of resource prices, the North Face Red Jacket Size 8 government is harming everyday Albertans.

He pointed to the current fiscal year when Redford underfunded programs and slashed spending to deal with the projected operational deficit, leading to cuts and layoffs, only to find the scenario is now a $1.4 billion surplus.

this government, budgeting is really just throwing the North Face Red And Grey Jacket dice, Mason said. oil and gas prices are high (and) the dollar is low, they cash in. Otherwise, the rest of us pay the price. said the government needs to get off the North Face Red Jacket Size 8 revenue by changing the 10 per cent flat tax on personal income to something more fair and progressive.

Liberal Leader Raj Sherman said Horner is socking money away that could be used to solve real problems by investing in long term care beds and reducing surgery wait times.

fix the (health) system, we need to get people out of the (health) system, said Sherman.

Operational revenue for the first nine months of the year was $30.8 billion, which was $2.7 billion higher than expected.

Operational spending was $29.6 billion, about $1.1 billion higher than forecast due to emerging costs from the extensive flooding that hit Calgary and parts of southern Alberta last June.

Resource revenue hit $6.7 billion about $1.4 billion more than forecast.

So far, the province has committed $1.2 billion to help small businesses and communities recover from the floods. That goes along with $537 million in operating expenses and $33 million in capital outlays.