Alberta deficit could rise to $6.5-billion as oil prices, tariff woes hurt economy | Unpublished
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Source Feed: The Globe and Mail
Author: Matthew Scace
Publication Date: August 28, 2025 - 14:03

Alberta deficit could rise to $6.5-billion as oil prices, tariff woes hurt economy

August 28, 2025

The bad news for Alberta’s oil-reliant budget is set to get worse.

Finance Minister Nate Horner says softening oil prices mean this year’s projected budget deficit is expected to grow by $1.3 billion, and will now finish at $6.5 billion in the red when the fiscal year ends next spring.



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