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
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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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