Published

Alberta forecasts $4.6B surplus in budget update, but braces for uncertainty

  • The Alberta government forecasts a surplus of $4.6 billion this fiscal year, as stated by Finance Minister Nate Horner.
  • The surplus will mainly come from income tax revenue and oil and gas royalties due to population growth.
  • Risks from "global economic conditions" may impact future finances amid expectations of rising unemployment and lower population growth.
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  • 73% of the sources lean Left
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