Finance Minister Nate Horner released prognostications for the second-quarter with a fiscal update Thursday, portraying a softening economy and laying it at the feet of tariffs imposed by U.S. President Donald Trump.

Oil prices are down, expenses are up, population’s still growing ahead of national rates — these are the downward pressures keeping the Alberta economy in check and the deficit up.

Finance Minister Nate Horner released prognostications for the second-quarter with a fiscal update Thursday, portraying a softening economy and laying it at the feet of tariffs imposed by U.S. President Donald Trump.

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