The provincial government is considering introducing more affordability measures in the fall, but it all depends on oil prices.
Finance Minister Craig Pardy says there are two things that oil revenues would be used for: addressing the deficit and cost of living initiatives.
Pardy reveals that officials within his department are doing an analysis right now that will determine how much they could use for debt, and how much for affordability.
He says everything hinges on oil staying above their forecasted price of $79 per barrel.
On the cost of living piece, Pardy doesn’t know what kind of relief they would implement, but doesn’t rule out the possibility of sending out cheques.
He says that could “conceivably” be an option” but it all depends on oil prices.
