Alberta Fiscal Update

• Alberta government forecasts $4.6B surplus in budget update, but braces for uncertainty

  The government also says it is planning for population growth to drop significantly next year

  Politics

  Nov 21, 2024
  
• Alberta government expects boost to 2024-25 surplus largely due to oil prices

  Alberta's first-quarter fiscal update shows the government expects a surplus of $2.9 billion but won't have surplus cash in the short term.

  Politics

  Aug 29, 2024
  
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• Alberta spent on emergencies but made more resource revenue; sees $4.3B surplus

  Alberta has announced its final numbers for the fiscal year that ended in March, and the bottom line is a $4.3-billion surplus.

  Environment

  Jun 27, 2024
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• Alberta set for $5.5B budget surplus, despite big fire, flood and drought expenses

  Alberta's budget surplus is growing but will be offset by more than $1 billion this year to pay for floods, forest fires and drought.

  Economy

  Nov 30, 2023
• Alberta on track for $2.4B surplus despite wildfires, lower oil prices

  Oil royalties shrunk due to lower-than-forecast prices, with the impact softened by a smaller discount oilsands producers receive for their product compared to conventional oil.

  Politics

  Aug 31, 2023
• Alberta to use $13.2B budget surplus to pay down debt, put cash in piggy bank

  Jason Nixon says the plan is to make a $13.4-billion repayment on the provincial debt and add almost $3 billion to the Heritage Savings Trust Fund.

  Politics

  Aug 31, 2022
• Kenney announces $13.2B surplus ahead of Alberta fiscal update

  Alberta Premier Jason Kenney says based on first-quarter projections for the current fiscal year that the province is on track for a $13.2-billion budget surplus.

  Economy

  Aug 30, 2022
• Alberta predicts smaller $5.8B deficit because of rising energy prices: Q2 budget update

  Finance Minister Travis Toews says the deficit is now expected to be $5.8 billion when the government closes the books on the 2021 fiscal year next March 31.

  Money

  Nov 30, 2021
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• Higher energy prices expected to deliver boost in Alberta budget update

  Economist Trevor Tombe says rising oil and natural gas prices could deliver a $2-billion boost to the budget.

  Politics

  Nov 29, 2021
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• Alberta halves projected budget deficit to $7.8B; credits global boost in oil demand

  New numbers show Alberta's bottom line is on track to look better this fiscal year, but the province remains mired in a deep ditch of red ink.

  Money

  Aug 31, 2021