Citing a robust economic recovery, the Alberta government is now projecting the province’s gross domestic product will increase by four per cent in the current fiscal year.
The 2017-18 budget, tabled in March, forecast GDP growth would be 2.6 per cent.
While the economy appears to be rolling along, Alberta Finance officials said Tuesday that GDP will moderate to 2.5 per cent in the next fiscal year, 2018-19.
The projections were included in a second-quarter fiscal update delivered by Finance Minister Joe Ceci.
For the first time, the government is offering information to back its claims of what it calls “in-year savings” —
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