Newspaper article The Canadian Press

Fire Adds to Deficit: Key Numbers in Alberta's First-Quarter Fiscal Update

Newspaper article The Canadian Press

Fire Adds to Deficit: Key Numbers in Alberta's First-Quarter Fiscal Update

Article excerpt

Key numbers in Alberta's fiscal update

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EDMONTON - Alberta Finance Minister Joe Ceci released revised budget estimates Tuesday in his 2016-17 first-quarter fiscal update. Here are some key numbers:

$10.9 billion -- Alberta's estimated deficit pushed up $500 million to almost $11 billion by the wildfire in Fort McMurray

$195 million -- Amount paid out by the province in disaster relief after federal aid transfers

$300 million -- Amount Alberta estimates it lost due to wildfire's impact on energy and forestry industry

8 per cent -- Unemployment is expected to remain at this level

2.6 per cent -- Decline expected in average weekly earnings

80,000 -- Job losses in the goods-producing sector since mid-2015

$877 million -- Decline in corporate tax revenue to $3. …

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