Higher oil prices expected to help increase Alberta government 2024-25 surplus

Alberta's first-quarter fiscal update shows the government expects a surplus of $2.9 billion but won't have surplus cash this year and will need to borrow hundreds of millions of dollars.

Higher oil prices expected to help increase Alberta government 2024-25 surplus
A politician in a dark suit addresses the media.

Alberta's first-quarter fiscal update shows the government expects a surplus of $2.9 billion but won't have surplus cash this year and will need to borrow hundreds of millions of dollars.