Oil revenues, taxes nudge up Alberta's projected surplus to $5.5B
Higher-than expected revenue from income taxes and non-renewable resource revenues are bumping Alberta’s expected surplus up to $5.5 billion this year, the province’s latest financial statements say.
![Oil revenues, taxes nudge up Alberta's projected surplus to $5.5B](https://i.cbc.ca/1.7045278.1701373698!/fileImage/httpImage/image.jpg_gen/derivatives/16x9_620/nate-horner.jpg)
![Alberta Finance Minister Nate Horner delivers a mid-year fiscal update on Thursday, Nov. 30, 2023. A man stands behind a podium.](https://i.cbc.ca/1.7045278.1701373698!/fileImage/httpImage/image.jpg_gen/derivatives/16x9_620/nate-horner.jpg)
Higher-than expected revenue from income taxes and non-renewable resource revenues are bumping Alberta’s expected surplus up to $5.5 billion this year, the province’s latest financial statements say.