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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.
Alberta is now forecasting a $2 billion surplus this fiscal year. That's an $11.4 billion swing, after initially projecting a deficit.
Ontario’s finance minister says he will table his government’s fall economic statement next week, on Oct. 29. Peter Bethlenfalvy announced in a breakfast speech to the Canadian Clu...
The fiscal update comes after province admitted it miscalculated natural gas revenue projections by $1.5 billion
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.
Watch: Calgary and Edmonton business leaders say the result eased uncertainty that could have made investors hesitate
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.
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.
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."
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.
Healthy equity market offset private equity woes to help Alberta fund weather first half of year marked by trade uncertainty and conflict
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.
Plus, why Canada's crude selling at a discount when other oil prices remain high
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.
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.
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.
(Oil Price) – Canada’s oil-producing province of Alberta plans to announce in November a new preferential royalty framework to encourage companies […]
Province strengthening investments in key services to protect Ontario families and communities
After the majority of Albertans voted to remain in Canada, the Canadian dollar increased in value and some business leaders say the result should bring confidence to businesses.
Werner Antweiler, an economics professor at UBC, said both parties need to be more transparent that there will likely be cuts or tax increases in the coming years
Plus, Alberta and Saskatchewan are looking at a whopping 70 data centre proposals
'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.
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.
EDMONTON — Albertans voted overwhelmingly Monday to remain in Canada in a referendum, writing a new chapter in longstanding debate on relations with the rest of the nation.
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