ICBA Coffee & Construction

C&C #18: A Tale of Two Balance Sheets

9:51

B.C. just booked the biggest deficit in its history — $7.7 billion — and called it good news. How? One-time money, and $4 billion of hospitals and roads that simply didn't get built. Same week, Alberta swung from a $9.4-billion deficit forecast to an estimated $3.8-billion surplus. One of those is an economy. The other is an accounting trick.

Episode 18 of ICBA Coffee & Construction — the news…