Investor Presentaiton

Financial management Borrowing program 2016-17 Borrowing $11.1 Borrowing Requirements ($ billions per Q1 Update) 2016-17 Estimate New Total(1) $12.2 $14.8 2017-18 Target $16.2 $19.8 2018-19 Target $13.8 $16.6 $3.7 ■Direct Borrowing ■■Provincial Corporations (1) Includes new and re-financing of maturing term debt. Alberta 15

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