Unpublished Newswire

Massive oil and gas revenues driven by strong global crude prices and record production helped Alberta end the 2024-25 fiscal year with an unexpected $8.3-billion surplus. The surplus, announced Friday in Alberta Finance Minister Nate Horner’s year-end fiscal update, was roughly $8-billion higher than the province predicted in its February budget, and $4-billion more than the previous fiscal year. Non-renewable resource revenues alone were $4.7-billion higher than the province had forecast.

After a month in Toronto, more than 800 wildfire evacuees from Deer Lake First Nation in northwestern Ontario are starting to return home on flights. Here's what community leaders have learned from the experience as rainfall brings some reprieve to the region during this severe wildfire season.