Alberta’s 2025 budget predicts deficits amid tax cuts, record investments, and looming tariffs

After three consecutive years of surpluses, the Alberta government’s 2025 budget forecasts deficits for the next three years, in response to declining oil revenues and economic uncertainties.

Source: Facebook

After three consecutive years of surpluses, the Alberta government’s 2025 budget forecasts deficits for the next three years, in response to declining oil revenues and economic uncertainties. At the same time, Albertans can expect further tax relief and record investments in healthcare and education.

Aside from a few exceptions, Alberta’s…