The province's revenues could be up to $28 billion higher over the next two years.
alberta government finances
According to recent forecasts, the province's resource revenue will likely be higher than forecast in Budget 2022.
Without the recent resource revenue windfall, the province would still face a large deficit this year.
By 2043, Albertans aged 65 or older will account for a projected 19 per cent of the province's population.
Alberta's government finances deteriorated by roughly $97 billion over 15 years.
According to projections, seniors will account for 18.8 per cent of Alberta's population by 2040.
Provincial government net debt is projected to reach $73.9 billion—or roughly $16,071 per Albertan.