Alberta's Budget Outlook Shifts from Deficit to Potential Surplus Due to Rising Oil Prices

Alberta's financial forecast has dramatically improved, with the province now potentially ending the fiscal year in a surplus, a significant change from its previously projected $9.4-billion shortfall, driven by surging oil prices.

17 Jul, 22:42 — 17 Jul, 22:42

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cbcHigh28d ago

From deficit to surplus? Alberta's bleak budget outlook 'changed dramatically' as oil prices rise

Alberta's financial outlook has taken a dramatic turn after the province previously forecasted a $9.4-billion shortfall. Surging oil prices could mean the province finishes the fiscal year in the black.

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Alberta's Budget Outlook Shifts from Deficit to Potential Surplus Due to Rising Oil Prices

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From deficit to surplus? Alberta's bleak budget outlook 'changed dramatically' as oil prices rise

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