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Alberta Budgets for Three Years of Deficit on Low Oil Prices
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Why This Matters
Alberta's finance minister has announced a three-year budget deficit due to low oil prices, with projected deficits of C$4.1 billion, C$9.4 billion, and C$7.6 billion for the next three fiscal years.
Market Impact
Market impact analysis based on bearish sentiment with 85% confidence.
Sentiment
Bearish
AI Confidence
85%
Time Horizon
Short Term
Article Context
Note: This is a brief excerpt for context. Click below to read the full article on the original source.
Alberta will end fiscal 2025/26 with a deficit and will run a deficit for the next three fiscal years as well, the province’s finance minister has said. The deficit for fiscal 2025/26 is calculated at C$4.1 billion ($3 billion), set to swell to C$9.4 billion ($6.9 billion) next fiscal year and then moderate to C$7.6 billion ($5.56 billion) in fiscal 2027/28 and further to C$6.9 billion ($5.05 billion) for fiscal 2028/29, minister Nate Horner said, as quoted by CTV News. “There are three levers here for government and for Alberta: its…
Original article published by
OilPrice.com
on February 27, 2026.
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Analysis and insights provided by AnalystMarkets AI.