Tories to borrow $4.3 billion for capital projects, roll out savings plan

Finance Minister Doug Horner says he’s hit the reset button on Alberta’s finances in a 2013-14 provincial budget that shakes up past practices of the Progressive Conservative government.

Thursday’s budget release sees the province borrowing $4.3 billion to pay for capital projects this year, a seeming sea change for a Tory government that once boasted “paid in full” when the provincial debt was eliminated under former premier Ralph Klein in 2004.

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