US EditionAlberta Posts $8.3B Surplus in 2024-25 Fiscal Year
ALBERTA, CANADA, JUN 30 – Surplus driven by higher oil and gas revenues, corporate and personal taxes, and investment earnings despite $1.9 billion emergency spending on wildfires and drought, government said.
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HILL: Smith government records $8.3-billion surplus ... but good times may soon end
According to last week’s fiscal update, the Smith government recorded an $8.3-billion surplus in 2024-25 — $8 billion more than what the government projected in its original 2024 budget. But the good times won’t last forever.
Alberta's $8.3 billion surplus
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The final figures for Alberta's budget for last year have been released, and the bottom line is an $8.3 billion surplus.
Government of Albert reports $8.3B surplus – Heartland News
The Government of Alberta has announced that it was run a surplus of 8.3 billion dollars during the 2024-25 fiscal year. The Government claims that this is primarily due to higher-than-expected resource revenues, income taxes from corporations and individuals and investment income. The price of West Texas Intermediate oil averaged 74.34USD per barrel over the course of the year, which is slightly higher than the projected 74USD per barrel in the…
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