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Alberta Premier Alison Redford speaks at a joint news conference with New Brunswick Premier David Alward after the two met in Calgary, Alta., Tuesday, Feb. 5, 2013. (Jeff McIntosh/The Canadian Press)
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Bond markets mostly unfazed by Alberta’s fiscal woes
TIM KILADZE
— The Globe and Mail
Published
Last updated
Alberta’s got fiscal problems? Bond investors don’t seem to mind much.
Despite all the rhetoric about the government’s finances in such a rough environment for Canadian crude, Alberta’s 10-year bonds still trade at the tightest spread to the federal benchmark, and they haven’t seen a drastic selloff since Premier Alison Redford sounded the alarm on her provincial coffers.
