It appears an impending strike by Alberta’s 51,000 teachers may be avoided.

In a written statement to media on Wednesday morning, Alberta Finance Minister Nate Horner announced that a tentative new contract agreement has been reached between negotiators for the provincial government and the Alberta Teachers’ Association.

Horner says teachers will vote on the tentative deal “in the coming days.”

The two sides returned to the bargaining table on Friday, with teachers threatening to walk off the job on Oct. 6 if a new contract agreement couldn’t be reached.

While he refused to provide any specifics of the tentative deal, Horner promised that the provincial government will invest nearly $10 billion to support teachers and students, hire an additional 3,000 teachers and invest $8.6 billion

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