The government should save some natural resource revenue to protect against future increases in debt.
alberta government finances
Alberta’s fiscal improvement is good news, but without significant policy changes, it will only last so long as commodity prices stay high.
The province's revenue will likely be even higher than forecast in Budget 2022.
The province's revenues could be up to $28 billion higher over the next two years.
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.