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UPDATE 1-Alberta wants C$1 bln for infrastructure in Canada budget - premier

Published 2016-03-18, 05:45 p/m
UPDATE 1-Alberta wants C$1 bln for infrastructure in Canada budget - premier

(Adds quote, details on Alberta deficit)
CALGARY, Alberta, March 18 (Reuters) - The crude-producing
province of Alberta wants to see at least C$1 billion ($769.3
million) in infrastructure investment allocated to the province
in Canada's 2016 budget, Alberta Premier Rachel Notley said on
Friday.
Alberta, the biggest exporter of crude to the United States,
has been hammered by the collapse in global oil prices as
companies slashed investment, delayed new oil sands projects and
laid off tens of thousands of workers.
The province has warned it will miss its budget targets this
year and the 2016-17 deficit could be more than C$10 billion.
Last year, the province posted a surplus of C$1.1 billion.
L2N162290
Notley, leader of the left-leaning New Democratic Party,
said the provincial government wanted significant changes to the
employment insurance system, which would also have a "pretty
large price tag" attached to it.
"Those are the first items that we have identified because
are focused in immediately supporting families who lost their
jobs and immediately supporting the ability to create new jobs
through infrastructure," Notley said.
Canada's Liberal government, elected last October, will
present its first budget on March 22.
($1 = 1.2999 Canadian dollars)

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