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Alberta's budget management needs adjusting: Fraser Institute

The provincial government’s plan to balance the budget is getting a thumbs-down from the Fraser Institute.

In a report, the think-tank says Alberta is repeating the same mistakes of the 1980s with a “don’t worry” approach to deficits and spending.

Alberta policy director Mark Milke says the government needs to change course.

The report says Alberta is relying too much on projected new revenues from energy royalties, which aren’t a sure thing.