According to the new provincial budget released Thursday, Alberta will flip from a $5.8-billion budget surplus in 2024-2025 to a $5.2-billion budget deficit in 2025-2026, with more deficits projected over the following two years. But Albertans shouldn’t be surprised — it’s all part of the roller-coaster Premier Danielle Smith’s government signed up for by attempting to rely on relatively high (but very volatile) resource revenue to finance spending and balance the budget. Read More