Alberta is facing a smaller budget surplus due to weakening oil prices and increased spending on education and health care driven by a rapidly growing population. Premier Danielle Smith's government revealed a taxpayer-supported debt of $78.4 billion, equivalent to 106.6% of total revenue. The province's budget is tightening its purse strings more than anticipated, with concerns about resource revenue and a focus on fiscal restraint amidst rising inflation and population growth.
Western Canada: Alberta’s budget tightens purse strings in unexpected ways https://t.co/NlJ3sWV8Mi
Alberta, sadly your Conservative Premier will deny you free coverage and access to contraceptives and diabetes medication. A plan that will save you money and keep you healthy - no matter your income. Before seeing the details, Danielle Smith said no and sided with Big Pharma. https://t.co/H5iC6nkWyI
Alberta premier worried about resource revenue, says fiscal restraint the way forward https://t.co/MZGGrMSrps https://t.co/Q9wPdwX38C
Alberta Premier Danielle Smith is asked how her government plans to handle rising inflation and the province’s growing population. https://t.co/vwfPayWYL9
Opinion: Alberta’s latest budget tightens the purse strings far more than expected https://t.co/drd4W3q2FG
The Alberta government unveiled its 2024 budget, showing that the taxpayer support debt of $78.4 billion is equal to 106.6% of total revenue. https://t.co/L8uMLRWxBM
Alberta is projecting a smaller budget surplus for the coming year as oil prices weaken and a rapidly growing population forces the province to spend more on education and health care https://t.co/EWV8ErG2Wv
WATCH LIVE: Alberta tables 2024 budget Premier Danielle Smith's United Conservatives lay out this year's provincial budget. MORE: https://t.co/StRYpIiP3I.