EDMONTON - The next sitting of the Alberta legislature is to begin March 5.

The provincial budget is to follow two days later.

Premier Alison Redford has suggested the financial plan for the coming year will be a tough challenge as her government faces reduced oil revenue and soaring costs.

Redford has already ruled out tax or fee increases.

That means her government must consider running another deficit, cutting spending and dipping into what's left of Alberta's Sustainability Fund.

The Progressive Conservatives say they will also focus on opening new markets for Alberta’s resources.

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