"We anticipate that the provincial deficit will move from a projected $6 billion to something in the range of $20 billion," said Kenney. Jim Prentice tried to warn Albertans that bad luck was on the way via an oil-price recession in 2015. Alberta's first-ever New Democrat premier, Rachel Notley, was in turn hit by a double whammy of bad luck: an oil-price recession and the Fort McMurray fire. As a result, we spent a lot of the revenues that could have made the fund worth $80 billion today." No, we can't blame a premier for having bad luck — even though Alberta voters tend to do just that.

Source: CBC News May 01, 2020 12:56 UTC