Alberta projects C$5.2-billion budget deficit

Alberta businesses brace for tariffs Trump says are coming Tuesday
U.S. President Donald Trump says economywide tariffs on imports from Canada and Mexico will start Tuesday, threatening a trade war expected to significantly harm Alberta’s economy and broader business relations. “No room left for Mexico or for Canada (to make a deal),” Trump said Monday at the White House.
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 Budgets for Deficit This Year
Alberta's 2025 budget is projected to have a C$5.2 billion deficit due to lower oil prices, potential US tariffs, and tax cuts.
From boom to bust: Alberta economy back in the red with $5.2-billion deficit budget
Alberta’s finances, tied for generations to the steep peaks and sharp valleys of oil and gas prices, are once again plunging deep into deficit, with no immediate relief in sight.
'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,
Canada Curbed Illegal Migration to the U.S. Now People Are Heading to Canada.
The Canadian government has reinforced border operations to stop migrants going to the United States, a major Trump complaint ...
Canada's military should fix white supremacy problem before it starts: analyst
Political scientist Andy Knight says his research suggests current attitudes within the Armed Forces favour white, male and ...
Canada’s Oil Heartland Sees Trade War Sparking Budget Shortfall
Alberta, Canada’s top oil-producing province, is projecting its first budget deficit after four years of surpluses as the ...
How this Canada teen found ‘beauty for ashes’ in helping rebuild his local chapel after a fire
The Latter-day Saint chapel in Cherry Grove, Alberta, Canada, burned down in April 2023. When new construction began, 17-year-old Drew Hamilton spent three months laboring at the site, honoring ...
Waves in the sky: Kelvin-Helmholtz clouds spotted in Canada
A woman in Calgary, Alberta, Canada, saw a strange, wavy cloud in the sky on Feb. 22, 2025, and took to X, formerly known as ...
Alberta’s oil and gas wells threaten people’s health, but there are disparities in who is most at risk
An estimated 13 per cent of Albertans live within 1.5 kilometres of an active oil or gas well. This proximity can have ...
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Alberta man spearheads parliamentary petition to keep Donald Trump out of Canada
Gerard Aldridge, who recently initiated the electronic petition, says he’s a fiercely proud Canadian who sees an opportunity ...
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North America’s Largest Solar Plant Is Taking Shape. Yep, in Canada.
North America’s largest urban solar power park is set to take shape in Medicine Hat, Alberta., following the sale on Tuesday ...
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David Staples: Alberta budget brings ray of hope in a Canada gripped by fear
The Alberta budget brings us a ray of hope in a nation now gripped by fear, perhaps a crippling dose of it. The welcome beam ...