Quote:
Originally Posted by Bownesian
That sounds like mostly government (deficit)-funded construction. That's pretty worrying to me in terms of long term sustainability given a future of contracting private sector revenues for the province and an inevitable re-balancing of provincial expenditures.
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I'm no expert in financial stuff, but do you have a source that says these are deficit-based expenditures? Not saying you're wrong, but Edmonton is currently in a more bullish economic climate then Calgary, so I'd like to see your stats on this claim instead of anecdotal conclusions. The City of Edmonton, University of Alberta, etc. are well-run organizations.