Bank of Canada’s latest economic forecast also trims the Harper government’s expected surpluses over the next two years.
Critics say Conservatives’ 1970’s rhetoric speaks volumes to their lacking connection with today’s middle-class.
Low oil prices have driven a $1.1 billion surplus into a $500 million deficit.
Jim Prentice says the province may not balance its books until 2017-18 due to tumbling oil prices.
Critics suspect the federal Conservatives are “fudging” numbers as a possible election ploy.
Opposition parties say the Tories are putting political interests ahead of Canada’s economic well-being.