Alberta finance minister to deliver year-end fiscal update Friday

The Canadian Press

· Posted: Jun 27, 2025 9:33 AM EDT | Last Updated: 3 hours ago

Alberta's concern curate is acceptable to present the last bottommost enactment fig contiguous connected past year's provincial budget.

Nate Horner's caller fig volition adjacent the books connected the fund for the fiscal twelvemonth that ended successful March.

That fund was past forecast to travel successful with a astir $6-billion surplus.

Horner is expected to present his fiscal update Friday during a quality league astatine 1 p.m. MT.

Into the red 

Alberta's caller fund twelvemonth is present a fewer months old, but its expected bottommost enactment fig is heavy successful the red.

Horner introduced the fund for the 2025-26 fiscal twelvemonth amid large fiscal uncertainty, conscionable days earlier the U.S. tariffs were acceptable to travel into effect. 

The current budget, introduced by Horner successful February, predicts Alberta volition registry a $5.2-billion shortage astatine the extremity of March 2026.

At the time, Horner cautioned that Alberta's shortage could soar overmuch higher, to an estimated $8.7 cardinal nether a worst-case tariff scenario.

It besides predicts deficits volition proceed for years aft that owed to declining lipid prices, taxation cuts and planetary events including the commercialized levies imposed by the United States.