Minister of Agriculture & Forestry Says New Budget Offers Good News for Farmers

Alberta's Finance Minster Travis Toews introduced Budget 2020 - A Plan For Jobs & The Economy on Thursday in the legislature ...

The Alberta budget remains mired in red ink, but doubles down on oil and gas and gives a boost to diversification.

Toews is forecasting a $6.8 billion dollar deficit this year on revenues of $50 billion.

The Finance Minister notes while unemployment remains stubbornly high at about seven per cent, he is optimistic that new pipeline projects and higher exports will mean more revenues for Alberta's lifeblood industry.

Meanwhile, Alberta's Minister of Agriculture & Forestry says "A Blueprint For Jobs" is included in Budget 2020.

Over the next four years, the Alberta government hopes to attract $1.4 billion dollars of investment to the province's agriculture value added sectors.

Devin Dreeshen calls it a very exciting and aggressive investment attraction strategy.

Alberta is also developing a 10-year tourism strategy with the goal of doubling tourism spending to $20 billion dollars by 2030.

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