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U.S. tariffs, possible tax cuts expected to dominate Alberta budget

  • Alberta Finance Minister Nate Horner is presenting a budget amid concerns about U.S. President Donald Trump's proposed tariffs on imports from Canada, which could significantly impact the province's economy.
  • Economist Charles St. Arnaud predicts that Alberta could lose between 20,000 and 35,000 jobs over the next two years due to these tariffs.
  • Opposition NDP finance critic Court Ellingson expresses concern that tax cuts could primarily benefit high-income earners, risking cuts to essential supports for low-income individuals.
  • Horner emphasizes that addressing affordability is crucial for Albertans, and the uncertainty surrounding tariffs complicates the budget process.
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63% Left
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Calgary Herald broke the news in Calgary, Canada on Wednesday, February 19, 2025.
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