The Daily Chase: Markets point to a positive open; Black Friday begins
BNN Bloomberg
Wall Street is getting back to business – albeit on an abbreviated basis – after yesterday's U.S. Thanksgiving holiday trading break.
ALBERTA CUTS SURPLUS FORECAST
Alberta is taking a scalpel to its budget surplus forecast by about $1 billion after rolling out a slew of measures aimed at easing the pain of sky-high inflation. The province now expects a surplus of $12.3 billion this fiscal year – down from the $13.2 billion estimate back in June – reflecting a $2.5 billion increase in expenses, of which no small part is tied to measures like a break in the gas tax unveiled earlier this week. We'll get more insight when Paul speaks with Alberta Finance Minister Travis Toews at about 10:30 a.m. EST.
A KEY BLACK FRIDAY FOR RETAILERS
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