Alberta Finance Minister and GP-Wapiti MLA Travis Toews (Canadian Press file photo)

By Canadian Press

budget update 2021

Higher energy prices expected to deliver boost in Alberta budget update

Nov 29, 2021 | 2:53 PM

EDMONTON – Alberta’s finance minister says the recent bullish run on energy prices is part of a stronger economic story on the province’s bottom line that will be revealed in the upcoming second-quarter budget update.

Travis Toews says investment is gaining strength across a range of sectors.

He is not revealing details until the update is delivered Tuesday.

Economist Trevor Tombe says rising oil and natural gas prices could deliver a $2-billion boost to the budget.

The province is currently on track to record a budget deficit close to $8 billion when the fiscal year ends March 31.

Meaningful Mementos

Remembering Someone You've Lost at Christmas

Dec 03, 2024

Seasonal Sorrow

How Do You Get Through The Holidays When You're Grieving?

Nov 01, 2024

Upcoming Events at Oliver's

Grief & Loss and Estate Planning Seminars

Oct 02, 2024

The Opposition NDP says the province is benefiting from higher energy prices, but the United Conservative government needs to deliver help for families facing higher costs due to inflation and hikes in government fees.

(The Canadian Press)