Alberta is in the red. The government of Alberta delivered its provincial budget for 2013-2014 Thursday and the numbers paint a very different picture than last year.
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The province will carry a net deficit of $1.97 billion.
The Sustainability Fund was used to offset a larger deficit.
In addition, it will borrow $8.3 billion for capital projects; $2.5 billion for public-private partnerships, and $5.8 billion in direct borrowing.
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