RAW: Jim Prentice on falling oil prices
2,155 views · Published 14 January 2015 · 15:36 · Indexed 23 October 2026
Channel: CBC News · 2015 · News & Politics
Alberta Premier Jim Prentice says low oil prices will translate into a $7 billion loss in royalty revenue and says 'tough choices' are needed to face financial crisis. Prentice said he is confident the government will get through the drop in crude prices. He suggested having discipline in spending will help weather the storm. Prentice said Albertans are tired of the roller-coaster of revenue from the energy sector, and a special committee is expected to look at the issue. For the complete story: www.cbc.ca/1.2899203
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