The Alberta government is spending more but enjoying it less after accepting industry projections of a steady decline ahead in natural gas production. While hiking spending by 10.7% to help services from schools to sewers catch up with growth lubricated by oilsands development, the province braced for erosion of gas as its biggest revenue earner.
20009
Articles from 20009
Alberta Seeing Diminished Flows From Revenue Tap
The Alberta government is spending more but enjoying it less after accepting industry projections of a steady decline ahead in natural gas production. While hiking spending by 10.7% to help services from schools to sewers catch up with growth lubricated by oilsands development, the province braced for erosion of gas as its biggest revenue earner.
April 23, 2007