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Alberta's Smith Hopes to Balance Budget Even with Moderate Oil Prices

Premier Smith plans to use occasional oil price surges for one-time infrastructure spending while targeting a sustainable balanced budget within 10 years, despite a $9.4 billion deficit.

  • Danielle Smith aims to balance Alberta’s budget over the long term, even with moderate oil prices.
  • Her target is to align government spending with revenues based on about US$60 per barrel oil within the next decade.
  • She says any surplus from higher-than-expected oil prices could then be used to fund specific projects.
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13 Articles

The Toronto StarThe Toronto Star
+3 Reposted by 3 other sources
Lean Left

Alberta’s Smith hopes to balance budget even with moderate oil prices

Alberta Premier Danielle Smith said Tuesday her long-term goal is to be able to balance the province's books even with moderate oil prices.

·Toronto, Canada
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Winnipeg Free PressWinnipeg Free Press
+6 Reposted by 6 other sources
Center

Alberta's Smith hopes to balance budget even with moderate oil prices

Breaking News, Sports, Manitoba, Canada

·Winnipeg, Canada
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Bias Distribution

  • 56% of the sources lean Left
56% Left

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Global News broke the news in Toronto, Canada on Tuesday, March 17, 2026.
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