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Varcoe: Second time around, Alberta's new finance minister won't open spending floodgates amid higher oil prices

'I find myself now in the spot where there’s potentially some extra money coming into the system but it's likely temporary, just like it was at that time,' said Jason Nixon

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When Jason Nixon was first appointed Alberta’s finance minister in June of 2022, oil prices were surging above US$106 a barrel in the wake of Russia’s invasion of Ukraine.

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When Nixon returned to the role last Thursday, taking over the portfolio from Nate Horner, the price of benchmark U.S. oil was hovering around $97 a barrel amid a war in the Middle East.

A small variation in those two price points over the........

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