Province of Alberta First Quarter Update Shows Continued Erosion
The Province of Alberta (Alberta or the Province) released its 2020–21 first quarter fiscal update on August 27, 2020. This is the Province's first meaningful fiscal update since the onset of the Coronavirus Disease (COVID-19) pandemic. The fiscal and economic impact of the pandemic, and the precipitous decline in oil prices, have had a more profound impact than was first anticipated by DBRS Morningstar.
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