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Placeline/People
City Calgary
State Province Alberta
Country Canada

Newsroom Ready: Alberta says budget deficit rising to $6.5B due to slumping oil prices

Finance Minister Nate Horner says softening oil prices mean this year's projected budget deficit is expected to grow by $1.3 billion, and will now finish at $6.5 billion in the red when the fiscal year ends next spring.
(Aug. 28, 2025) 
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Source name: 
The Canadian Press
Unique identifier: CP174922866 
Legacy Identifier: r_Alta-Budget20250828T1520 
Type: Video 
Duration: 1m49s 
Dimensions: 1920px × 1080px     249.64 MB 
Usage rights: FOR ONE TIME USE ONLY. NO STORAGE FOR FUTURE USE. 
Create Date: 8/28/2025 3:20:00 PM 
Display aspect ratio: 16:9 
Tags
alberta
budget deficit