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Central Alberta town faces uncertain future as it drowns in debt and faces potential insolvency

Summary by CBC News
The future of the Town of Gibbons is on the line as its mayor and council say a multimillion-dollar financial crisis has come to a head after years of bad decisions.

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Central Alberta town faces uncertain future as it drowns in debt and faces potential insolvency

The future of the Town of Gibbons is on the line as its mayor and council say a multimillion-dollar financial crisis has come to a head after years of bad decisions.

·Canada
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  • 100% of the sources lean Left
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CBC News broke the news in Canada on Thursday, February 12, 2026.
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