Alberta fiscal update
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Alberta predicts smaller $5.8B deficit because of rising energy prices: Q2 budget updateFinance 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.MoneyNov 30, 2021
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Higher energy prices expected to deliver boost in Alberta budget updateEconomist Trevor Tombe says rising oil and natural gas prices could deliver a $2-billion boost to the budget.PoliticsNov 29, 2021
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Alberta halves projected budget deficit to $7.8B; credits global boost in oil demandNew 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.MoneyAug 31, 2021
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Outlook improves but budget deficit $21.3 billion, Alberta finance minister saysTravis Toews made the comments as he announced the revised budget deficit this year will be $21.3 billion.MoneyNov 24, 2020
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COVID-19 pandemic, low energy prices leave Alberta with $24.2B deficitThe red ink Finance Minister Travis Toews is predicting for 2020-21 is more than triple what the United Conservative government projected in its February budget.EconomyAug 27, 2020
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Thursday’s fiscal update will unveil ‘biggest deficit in the history of Alberta’: KenneyThe province is set to release Alberta's first-quarter fiscal update later this week, which Premier Jason Kenney said will likely show the largest deterioration of Alberta's finances since at least the 1930s.PoliticsAug 25, 2020
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Oil prices, tax income keep Alberta Q1 revenue in line with last yearThe province says it brought in $13.4 billion from April to June — almost identical to the number in 2018.EconomyAug 27, 2019
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Higher oil prices, more tax income: Alberta ends 2018-19 with smaller deficitNewly released figures show the Alberta government ended the last fiscal year with a deficit more than $2 billion smaller than originally predicted in the budget.EconomyJun 28, 2019
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Alberta budget deficit almost $2B lower than originally forecast: finance ministerThe budget had originally forecast a deficit of $8.8 billion, but the finance minister says a lower dollar and higher than expected bitumen royalties have helped.EconomyFeb 27, 2019
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Deficit revised to $7.5 billion but Alberta grapples with oil price differentialAlberta's finance minister says the widening gap in the price Canadian oil is fetching won't affect this year's budget, but if left unchecked will mean hard times ahead.EconomyNov 30, 2018
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