Alberta projects C$5.2-billion budget deficit

Alberta projects C$5.2-billion budget deficit if Trump tariffs proceed
Canada's oil-producing province of Alberta on Thursday forecast a budget deficit of C$5.2 billion ($3.5 billion) for the 2025/26 fiscal year if U.S. tariffs are implemented and decrease government revenues and slow economic growth.
Alberta predicts first budget deficit since 2021 amid US tariff uncertainty, TIER revenues tank
Canada’s provincial energy powerhouse is taking no chances on potential US energy tariffs with a new budget that leaves room for their implementation, though revenues from its carbon market are forecasted to take a roughly 50% hit.
Alberta's $5.2B budget deficit could jump to $8.7B under worst-case tariff scenario
Alberta is forecasting it will end the next fiscal year with a $5.2 billion deficit but that could soar to $8.7 billion under a worst-case tariff scenario outlined in Thursday's provincial budget.Finance Minister Nate Horner introduced the budget for the 2025-26 fiscal year amid great uncertainty for Alberta and Canada,
Alberta Budgets for Deficit This Year
Alberta's 2025 budget is projected to have a C$5.2 billion deficit due to lower oil prices, potential US tariffs, and tax cuts.
From boom to bust: Alberta economy back in the red with $5.2-billion deficit budget
Alberta’s finances, tied for generations to the steep peaks and sharp valleys of oil and gas prices, are once again plunging deep into deficit, with no immediate relief in sight.
'Difficult decision': Alberta Budget 2025 delivers $1.2 billion tax cut but also $5.2 billion deficit
Alberta’s books are set to turn red, according to Thursday’s budget, as the province readies to reckon with three-straight years of projected fiscal shortfalls brought on by tariff-based uncertainty,
Alberta's child advocate opposes change to tracking young adult deaths
Alberta’s child and youth advocate says she opposes a government move to stop her office from investigating the deaths of ...
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Former Manitoba chief judge to investigate corruption allegations against Alberta Health Services
Alberta appointed former Chief Judge of the Provincial Court of Manitoba Raymond Wyant to lead the investigation into corruption allegations against Alberta Health Services on Monday. The ...
Alberta neighborhood leader who drained Portland nonprofit funds ordered to pay back $50K
Lucero ordered Horace to pay $50,000 to the Northeast Coalition of Neighborhoods, which took over the role of Alberta Main ...
Doctors, health advocates warn Alberta's budget falls short as costs rising
There are worries the Alberta government's plans for health-care spending in the latest provincial budget will not address ...
Why forecasters say Alberta clipper will have little impact on Connecticut this weekend
An "Alberta clipper" low pressure system passing to the north this weekend could bring some rain or rain and snow to ...
Alberta Ferretti's Runway Beauty Paid Tribute to A Legendary Vogue Editor
Winter 2025 show in Milan, Alberta Ferretti's newly appointed creative director Lorenzo Serafini looked to the past for ...
Central Alberta towns studying whether RCMP is their best policing option
Some central Alberta municipalities are looking into whether their current arrangements with the RCMP are the best policing ...
Alberta Ferretti Fall 2025: Lorenzo Serafini Debuts Progressive Romantics Designs
Cue the revisited smoking pantsuits, the capes and beautiful statement coats. Similarly, chiffon balloon underskirts worn ...
Alberta judge dismisses application for injunction shutting down political podcaster
Nate Pike had covered allegations of government pressure in contracting and procurement at Alberta Health Services ...