Travis Toews

Alberta is predicting a $2.4-billion budget surplus for its petro-powered economy this year, with plans to take a big bite out of its debt and put up guardrails to prevent eye-popping deficits when oil booms go bust.

Alberta Premier Danielle Smith's last budget before an expected spring election gives strong support to a proposed tax break for energy companies to fulfil their legal cleanup duties but doesn't tell voters how much would be spent on it.

Alberta is scheduled to introduce its budget on Tuesday, February 26, 2023 — the last before a spring provincial election — with political observers wondering what the province will do with all its billions of extra petrodollars.

Provinces peppering the public with cash to deal with soaring prices compounds inflation rather than easing it, economists say.

Danielle Smith delivered a dramatic political comeback on Thursday, October 6, 2022, winning the leadership of the United Conservative Party to become Alberta’s next premier almost eight years after she decimated the movement with an epic floor crossing.

Alberta Premier Jason Kenney has announced multiple cabinet changes following resignations tied to his party’s leadership race, with Environment Minister Jason Nixon now taking over permanently as finance minister.

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.

Premier Jason Kenney has promised his government will sue the U.S. government to recoup the money under legacy rules tied to the old North American Free Trade Agreement, or NAFTA.

Alberta’s finance minister says taxpayers won’t be on the hook for much more beyond $1.3 billion already committed to the defunct Keystone XL oil pipeline.

Alberta’s COVID-19-era budget made a hard landing on Thursday, February 25, 2021, with an $18.2-billion deficit but also a promise that good times will return.

On Thursday, February 25, 2021, it’s budget day in Alberta, a time that will cruelly and ironically remind residents that last year’s projected eye-popping $6.8-billion deficit was actually the good old days.

Alberta Finance Minister Travis Toews says the goal in 2021 is to get vaccines out and put the COVID-19 pandemic in the rear-view mirror, then work to fix a battered and beleaguered economy.

Alberta Premier Jason Kenney and his cabinet were sworn in Tuesday, April 30, 2019, to form the first United Conservative government in the province.