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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.
The province faces a projected deficit of $13.8 billion and Doerkson says Conservatives would trim that by growing the economy, if they win the snap election on Oct. 24.
Healthy equity market offset private equity woes to help Alberta fund weather first half of year marked by trade uncertainty and conflict
Alberta's government says it has a suite of legislation coming this fall to protect Albertans, their pocketbooks and their personal information.
Watch: Calgary and Edmonton business leaders say the result eased uncertainty that could have made investors hesitate
The fiscal update comes after province admitted it miscalculated natural gas revenue projections by $1.5 billion
CALGARY — A union representative for a beef processing plant south of Calgary is warning of worsening labour shortages if immigration policy proposals that narrowly passed in Alber...
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 costings released hours ahead of the campaign's only leaders' debate show a deficit of about $12 billion by 2028/29, down from a forecast of $14 billion this fiscal year.
The Alberta government says it is suspending the 13-cent-a-litre provincial fuel tax on gasoline and diesel, starting in October, after months of calls to do so.
Provinces and territories have raised concerns about the federal budget, which forecasts an end to some targeted health care funding after March 2027.
The Nova Scotia government says it spent a record $1.9 billion beyond its budget in the 2025-26 fiscal year.
The report looks at two scenarios involving how separation would occur, but in both cases the short-term costs of leaving Confederation would be high.
Province strengthening investments in key services to protect Ontario families and communities
Nearly 3.4 million adult Albertans are eligible for the rebate, but Finance Minister Jason Nixon says so far only about 1.5 million people have applied.
At least one tax expert says the B.C. Conservative's promise could cost the province $4 billion a year in revenue
This will be the second budget under Prime Minister Mark Carney
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.
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.
Critics have warned that the referendum's outcome could make Alberta less attractive to newcomers at a time when jobs desperately need to be filled.
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.
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