Tuesday, December 23, 2025
ADVT 
National

Alberta imposes cost saving measures in face of falling energy revenues

Darpan News Desk The Canadian Press, 15 Dec, 2014 01:39 PM

    EDMONTON — Alberta is imposing some cost-saving measures to help deal with sharply falling resource revenues.

    Premier Jim Prentice says government hiring will be restricted to critical or frontline positions.

    There will also be spending restrictions for goods and services and on discretionary items such as travel and training.

    Prentice has formed a special committee of cabinet ministers to work on the government's upcoming budget.

    He says the province faces significant challenges as oil prices drop below US$60 a barrel, which he calls a significant hit to Alberta's finances.

    Prentice says the government could see a $7-billion drop in resource revenue this year.

    The cost-saving measures will also apply to Alberta Health Services, schools, universities, colleges and agencies.

    MORE National ARTICLES

    Blood spilled on National War Memorial sharpens Remembrance Day focus

    Blood spilled on National War Memorial sharpens Remembrance Day focus
    OTTAWA — Government workers have cleared the National War Memorial of the deep drifts of flowers, flags, stuffed animals — even a couple of cans of beer — in preparation for Tuesday's nationally televised Remembrance Day ceremony.

    Blood spilled on National War Memorial sharpens Remembrance Day focus

    Pace of housing starts slows in October, says Canada Mortgage and Housing Corp.

    Pace of housing starts slows in October, says Canada Mortgage and Housing Corp.
    OTTAWA — The pace of new home starts in Canada slowed in October due to less construction of multiple-unit homes including condominiums, Canada Mortgage and Housing Corp. says.

    Pace of housing starts slows in October, says Canada Mortgage and Housing Corp.

    Candu signs joint venture agreement with Chinese to build nuclear reactors

    Candu signs joint venture agreement with Chinese to build nuclear reactors
    MONTREAL — Candu Energy, a division of SNC-Lavalin, has signed a joint venture agreement with China National Nuclear Corporation to build nuclear reactors in China.

    Candu signs joint venture agreement with Chinese to build nuclear reactors

    Princess Anne begins a two-day visit to Ottawa to take part in Remembrance Day

    Princess Anne begins a two-day visit to Ottawa to take part in Remembrance Day
    OTTAWA — Princess Anne has arrived in Canada for a two-day visit.

    Princess Anne begins a two-day visit to Ottawa to take part in Remembrance Day

    Poor weather continues to hamper search for five missing youths on lake

    Poor weather continues to hamper search for five missing youths on lake
    SOUTHEND, Sask. — Police were continuing to look Monday for five youths missing on a northern Saskatchewan lake since last week.

    Poor weather continues to hamper search for five missing youths on lake

    Opposition calls on Manitoba premier to call election to decide his fate

    Opposition calls on Manitoba premier to call election to decide his fate
    WINNIPEG — Manitoba's opposition parties say embattled Premier Greg Selinger should be calling an election, not a leadership contest.

    Opposition calls on Manitoba premier to call election to decide his fate