Alberta projects C$5.2-billion budget deficit

Alberta Premier Danielle Smith touts budget's income tax cut despite $5.2B deficit
Premier Danielle Smith defended the massive income-tax break in Alberta’s proposed 2025 budget on Friday while critics accused her of giving with one hand while taking with the other.
Alberta economy back in the red with $5.2B deficit budget
The red ink is mainly driven by an expected drop in oil prices, looming U.S. tariffs and a promised tax break for Albertans: minister
Alberta projects C$5.2-billion budget deficit if Trump tariffs proceed
Canada's oil-producing province of Alberta on Thursday forecast a budget deficit of C$5.2 billion ($3.5 billion) for the 2025/26 fiscal year if U.S. tariffs are implemented and decrease government revenues and slow economic growth.
Alberta's $5.2B budget deficit could jump to $8.7B under worst-case tariff scenario
Alberta is forecasting it will end the next fiscal year with a $5.2 billion deficit but that could soar to $8.7 billion under a worst-case tariff scenario outlined in Thursday’s provincial budget.
'Difficult decision': Alberta Budget 2025 delivers $1.2 billion tax cut but also $5.2 billion deficit
Alberta’s books are set to turn red, according to Thursday’s budget, as the province readies to reckon with three-straight years of projected fiscal shortfalls brought on by tariff-based uncertainty,
U.S. tariffs, possible tax cuts expected to dominate Alberta budget
The looming threat of U.S. tariffs along with a potential tax cut are expected to dominate Alberta's budget today.
Edmonton Journal on MSN6h
Big holes in health care, physicians seeing 2022 numbers in Alberta Budget 2025: AMA
The 2025/26 Physician Compensation and Development Budget is approximately $600 million less than what should have been ...
Calgary Herald on MSN13h
Alberta Budget 2025: Province ups contingency to deal with potential impacts of U.S. tariffs on farmers, ranchers
The Alberta government, wary of how U.S. tariffs could affect the province’s crop and cattle producers, doubled a rainy-day ...
discoverairdrie10h
Alberta's 2025 budget: What it means for Airdrie's healthcare plans – and what's missing
Alberta's 2025 provincial budget does not allocate new capital funding for the construction of healthcare infrastructure in ...
The Canadian Press on MSN15h
Critics say Alberta government’s budget falls short on health-care, education spending
Alberta's 2025-26 budget, tabled Thursday by Finance Minister Nate Horner, pledges just under $10 billion for K-12 education operating costs.
Alberta tables budget projecting $5.2-billion deficit as it tries to estimate toll of possible U.S. tariffs
Alberta is bracing for a trade war with the United States that, when coupled with sagging energy prices, will usher in years ...
Edmonton Journal on MSN1d
Alberta Budget 2025: Education funding to see a 4.5% increase, hike in education property tax
According to officials, the EPT, which was frozen in the 2024-2025 budget year at 28.5 per cent, will now increase to 31.6 ...
Lethbridge business leaders, politicians react to 2025 Alberta budget
From health care to education, Lethbridge's mayor and business leaders are looking into the effects the 2025 provincial budget will have on the city.
Alberta Insider: Province swings from sizeable surplus to significant deficit in budget reveal
Like the rest of the country, Alberta is bracing for a what could be a painful trade war with the United States ...
City News1d
Reactions pour in following Alberta budget announcement
Alberta's Finance Minister Nate Horner announced the 2025 provincial budget Thursday, and it's being met with mixed reactions ...
Edmonton Journal on MSN6h
Alberta agriculture groups see some light in provincial budget
Just a day after its release, the Alberta Federation of Agriculture (AFA) says its initial read of the Alberta government’s ...