Alberta Announces $8.3 Billion Budget Surplus Due to Increased Revenue From Energy Resources, More Tax Income

Date:

June 28, 2025

Alberta Announces $8.3 Billion Budget Surplus Due to Increased Revenue From Energy Resources, More Tax Income — Alberta Finance Minister Nate Horner speaks to media during a press conference in Edmonton on Aug. 29, 2024. The Canadian Press/Aaron Sousa

6/28/2025|Updated: 6/28/2025

Alberta has recorded an $8.3 billion surplus, according to Finance Minister Nate Horner’s recent financial update.

It is $8 billion more than the provincial government expected, and was due to oil and gas revenue for 2024/2025, as well as more tax revenue from the province’s growing population, Horner said at a June 27 news conference.

Chandra Philip is a news reporter with the Canadian edition of The Epoch Times.

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