Alberta boasts a $8.3B surplus, eliminating deficit forecast
Alberta ended the current 2024-2025 fiscal year with an $8.3-billion surplus, a nearly $8-billion increase from the $367 million projected in last year’s budget.
Alberta ended the current 2024-2025 fiscal year with an $8.3-billion surplus, a nearly $8-billion increase from the $367 million projected in last year’s budget, marking Alberta’s fourth consecutive surplus.
The surplus was fuelled by corporate and personal tax receipts, along with a narrowing gap in price between Alberta’s crude oil and US oil.
