WRAPUP 2-U.S. new home sales jump, median price surges to record high
WASHINGTON, June 23 New U.S. single-family home sales rose in May and the median sales price surged to an all-time high, suggesting the housing market had regained momentum.
CALGARY, Alberta, March 16 The Canadian crude-producing province of Alberta will post a higher-than-expected budget deficit of C$10.3 billion (US$7.73 billion) in the coming fiscal year, it said on Thursday, raising spending as its economy turned a corner.
Alberta, home to Canada's oil sands and the No. 1 exporter of crude to the United States, has been hammered by a decline in prices.
($1 = 1.3315 Canadian dollars) (Reporting by Ethan Lou in Calgary, Alberta; Editing by Matthew Lewis)
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