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Alberta forecasts $6.5B deficit as debt climbs

Alberta is facing its first deficit in five years, with Finance Minister Nate Horner announcing Thursday that the province will fall $6.5 billion into the red in 2025–26, up $1.3 billion.

Isaac Lamoureux, True North
Aug 28, 2025
∙ Paid
Source: Wikimedia Commons

Alberta is facing its first deficit in five years, with Finance Minister Nate Horner announcing Thursday that the province will fall $6.5 billion into the red in 2025–26, up $1.3 billion from what was projected in February’s budget.

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A guest post by
Isaac Lamoureux, True North
Journalist for True North. Host of the Alberta Roundup, The Daily Brief, Off the Record.
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