Alberta Finance Minister Ted Morton has resigned from cabinet, two days after first planning to do so and after reluctantly agreeing to support a large deficit budget.
A source tells The Globe and Mail Mr. Morton resigned on Thursday, but remains in the Progressive Conservative caucus.
Premier Ed Stelmach has called a press conference in Calgary for Thursday afternoon, where he’s expected to confirm the move.
Premier Stelmach’s joint press conference with soon-to-be-announced-former Minister Morton is also expected to reveal that Treasury Board President Lloyd Snelgrove will take over as Finance Minister.
We can now confidently say that the race to become the next leader of Alberta’s PC Party has begun.