What could Alberta do with its budget surplus?
Alberta is now forecasting a $2 billion surplus this fiscal year. That's an $11.4 billion swing, after initially projecting a deficit.
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Alberta is now forecasting a $2 billion surplus this fiscal year. That's an $11.4 billion swing, after initially projecting a deficit.
The province’s latest fiscal update predicts a $2-billion surplus — a huge turnaround from the $9.4-billion deficit originally expected for the 2026 fiscal year.
The figures were included in a number of confidential, preliminary budget documents obtained by Global News after being presented to Calgary city council earlier this summer.
Healthy equity market offset private equity woes to help Alberta fund weather first half of year marked by trade uncertainty and conflict
The expanded scope of the project and a more refined design has the Werklund Centre's modernization cost estimated at $345 million, up $75 million from previous estimates.
Preliminary budget documents obtained by Global News show a large property tax increase would be required to pay for the funding requests in front of Calgary city council.
'This is a wishlist. Everybody comes out of the woodwork around budget time and asks for all of the stuff,' Mayor Jeromy Farkas told reporters Thursday.
The third Alberta Child and Family Benefit payment of 2026 will be bigger than the last, with July ringing in the new benefit year. The post Bigger Alberta Child and Family Benefit...
A new bilateral program to accelerate homebuilding was announced in July with the funding set aside being used to set up water and wastewater infrastructure for homes.
The provincial government released its first quarter financial update with a deficit at $825 million, slightly worse than the $819 million projected when the budget was released.
Alberta Premier Danielle Smith says those people who applied for her government's $100 energy rebate should start receiving payments within the next few days.
Ottawa will provide up to $220 million through Build Canada Homes, a federal agency formed to speed up the delivery of the housing, while Alberta will pay up to $165 million.
The province says many projects have been delayed, leading to money allocated for capital projects but not spent last year
Solar industry associations and advocates have said the Alberta government's $14 price tag is far too steep, punitive and being imposed without clear accounting to back it up.
Government remains focused on building a more competitive and resilient economy in the face of global economic uncertainty
Smith's government has been trying to position Alberta as an ideal destination for data centres, saying they could generate new jobs and billions in royalties and taxes.
Energy Minister Adrian Dix said the most significant error, a 44-cent overstatement in the forecasted per-gigajoule price of natural gas this fiscal year, was a "serious mistake."
Friends of Medicare is urging the federal government to increase health care funding and impose more conditions on what the provinces can do with that money.
The North Calgary Water Servicing project will deliver 100 million litres of drinking water to northside communities when it's complete in 2029, city officials said Tuesday.
The UA allocation for 2027 is 'the lowest amount nominally of the UAs since 2019 and only accounts for 1.5% of the total expenditure program — the lowest ratio since 1991,' says DB...
AIMCo reports a 7.2% mid-year return while Ontario's median solvency ratio climbs to a record 127%
The agreement, announced by the prime minister and premier in Red Deer, allows Alberta municipalities to access more than $510 million in federal funding over eight years.
Alberta Premier Danielle Smith has paved the way for an Oct. 19 referendum on whether the province should stay in Canada or have a second, binding referendum on independence.
The Business Council of Alberta is joining the chorus of other groups who warn a vote to quit Canada will create massive uncertainty, putting jobs and the economy at risk.
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