Alberta to release year-end fiscal numbers Thursday amid weaker oil prices

Alberta to release year-end fiscal numbers Thursday amid weaker oil prices abpoli ableg

Recommended from EditorialLooking forward, February’s 2023-24 pre-election budget put spending at nearly $70 billion, while still expecting a surplus of $2.4 billion. That budget projected that the average price of WTI would remain at least US $79 per barrel.

“The UCP could already be in a deficit, and if they aren’t now, just a slight drop in the price of oil means that they will be for sure,” said Notley, estimating the price of WTI needs to average $81 by the end of the year for the budget to be balanced, while the UCP fails to explain how they would manage such a shortfall.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

calgaryherald /  🏆 64. in CA

Canada Latest News, Canada Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

NDP announces shadow cabinet for largest Official Opposition in Alberta history | Globalnews.ca“We will not only be the largest Official Opposition in Alberta history, but also the most effective,” NDP Leader Rachel Notley said.
Read more »

Alberta NDP says Premier Danielle Smith hid overdose data, demands transparencyLatest provincial data show 179 people died from drug poisoning in April, the highest number in a single month
Read more »

Alberta NDP's entire 38-member caucus represented in shadow cabinet and leadership teamAlberta NDP's entire 38-member caucus represented in shadow cabinet and leadership team abpoli ableg
Read more »

Alberta NDP's entire 38-member caucus represented in shadow cabinet and leadership teamAlberta NDP's entire 38-member caucus represented in shadow cabinet and leadership team abpoli ableg
Read more »

David Eby resists early vote in B.C. despite big byelection wins for NDPVANCOUVER — There will not be an early provincial election in British Columbia despite resounding victories for New Democrat Party candidates in a pair of byelections over the weekend, Premier David Eby said on Monday.
Read more »

David Eby resists early vote in B.C. despite big byelection wins for NDPThe Conservative Party of B.C. claimed second place in Langford-Juan de Fuca with 20 per cent of the vote, prompting leader John Rustad to declare that the party is ready to 'pick up the mantle of the centre-right coalition.'
Read more »