Jason Kenney said will likely show the largest deterioration of Alberta’s finances since at least the 1930s.“This is going to be the biggest deficit in the history of Alberta by a country mile,” Kenney said Tuesday. ‘Fiscal reckoning’: Albertans will have debate on tax reform in the future, Kenney says On Thursday afternoon, Finance Minister Travis Toews will present an overview of Alberta’s fiscal situation from 2019-20 and the first quarter of 2020-21.At a news conference Tuesday afternoon, the premier said Alberta is facing a deficit of more than $20 billion, in large part due to the “total collapse of revenues emanating from the coronavirus recession.”Kenney said the collapse of energy prices has made the economic situation even.