Alberta's new finance minister Ted Morton speaks to the media after being sworn in to  premier Ed Stelmach at Government House in Edmonton, Alta. on Friday January 15, 2010.  THE CANADIAN PRESS/ Ian Jackson
The Canadian Press

Alberta going for broke with new spending, $4.7B deficit

The Canadian Press - 56 minutes ago

EDMONTON - Alberta's Progressive Conservative government plans to run a record deficit and deplete its savings account in a budget that forgoes the kind of deep spending cuts that fiscal hawks have been screeching for.

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