The Progressive Conservative government tabled its budget on Tuesday
HST will increase to 15%
The province is forecast to run a deficit of $347 million this year
Fiscal update puts federal government promises in doubt
Debt forecast to hit nearly $11 billion
World can avert another economic shock if policy-makers act
Deficit could exceed $1 billion as early as next year if nothing is done
Throne speech coming Tuesday
Alberta opposes increase
Future retirees challenged by lower savings, rising debt and declining pension coverage