Alberta Finance Minister Heads to Calgary to Discuss Budget and Its $9.4B Deficit

Alberta finance minister heads to Calgary to discuss budget and its $9.4B deficit

Alberta’s finance minister is set to hit the road today to discuss a new provincial budget that is big on spending but also carries an eye-popping deficit of more than $9 billion.

Braid: A bleak budget signals deep trouble for years, cuts to come

Finance Minister Nate Horner brings in the bleakest budget Albertans have seen since the teens, writes columnist Don Braid.

Alberta budget comes with spending hikes, $9.4B deficit

Alberta’s new budget will carry an eye-popping $9.4-billion deficit as the province, after decades of trying to get off a roller-coaster of oil revenues, seeks to manage the ride and weather the whiplash. The deficit is the largest since the COVID-19 era, a time of global economic catastrophe that saw oil prices trade in negative numbers. Finance Minister Nate Horner says the costs of a rising population coupled with low oil prices are hammering…