Alberta

Alberta says budget deficit to rise to $6.5B

Province points to oil prices and U.S. trade woes as previous surplus evaporates

By Matthew Scace, The Canadian Press |August 28, 2025

2 min read

Alberta economy back in the red with $5.2B deficit budget

The red ink is mainly driven by an expected drop in oil prices, looming U.S. tariffs and a promised tax break for Albertans: minister

By Lisa Johnson and Jack Farrell, The Canadian Press |February 28, 2025

4 min read