CBC·4 min read·medium
From deficit to surplus? Alberta's bleak budget outlook 'changed dramatically' as oil prices rise
✦AI Summary
Alberta's provincial budget outlook has shifted from a significant deficit to a potential surplus due to rising oil prices. Economists warn that while the financial situation has improved, the budget remains highly volatile and dependent on global crude oil market fluctuations.
“It’s changed dramatically,” said Trevor Tombe, an economics professor at the University of Calgary.
economybusinesspolitics
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