Edmonton

Finance minister Joe Ceci takes 2016 budget to Toronto and New York

The Alberta finance minister's trip will take place over four days and will see him meeting with investors and credit rating agencies in Toronto and New York.

The 2016 budget saw the total debt for the province projected to hit $57.6 billion by 2019

Finance Minister Joe Ceci will be travelling to Toronto and New York to promote the 2016 Alberta budget. (CBC)

Finance Minister Joe Ceci will be traveling abroad this week to promote the new Alberta budget. 

Ceci's trip will take place from  April 25 to April 29. He will meet with investors and credit rating agencies in Toronto and New York during his four-day trip. 

While in Toronto and New York, Ceci will deliver speeches at the Canadian Association of New York and the Economic Club of Canada.

"We want the financial community to understand the global price shock Alberta faces, along with the prudent path we've taken to address this challenge, and the fact our province remains a great place to invest and do business," said Ceci in a press release.   

The 2016 budget released on April 14th forecasted the province's total debt to hit $57.6 billion by 2019. Bond rating agency DBRS downgraded Alberta's credit rating from triple-A to double-A the following day. 

Ceci will be accompanied on his journey by three staff members. 

The government estimates the trip will cost $5,700.

now