Canada's Alberta projects deficit of nearly C$9.4bn, citing low oil prices
The once debt-free province says a dramatic rise in population, coupled with low oil prices, is to blame for the sobering financial outlook.
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The once debt-free province says a dramatic rise in population, coupled with low oil prices, is to blame for the sobering financial outlook.
RBC Economics analyzes Alberta's 2026 budget, highlighting a projected $9.4 billion deficit due to declining oil prices and increased spending in health and education.
The Fraser Institute discusses Alberta's 2026 budget, noting a $9.4 billion deficit driven by volatile oil prices and increased spending.
Yahoo News reports on Alberta's projected $9.4 billion deficit for the 2026/27 fiscal year, attributing it to declining oil prices and rapid population growth.
Global News covers Alberta's 2026 budget, highlighting increased spending in health and education amid a projected $9.4 billion deficit.
Scotiabank analyzes Alberta's 2026 budget, noting larger deficits due to lower oil prices and increased core spending.
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