Alberta on Track for $13.2B Surplus, Kenney Says Ahead of Fiscal Update
Alberta Premier Jason Kenney says the province is on track for a $13.2-billion surplus in this budget year.
It’s an exponential escalation from the $511-million surplus forecast when the provincial budget was introduced in February.
“Of course, a lot of that is thanks to the growth of commodity prices and royalty revenues,” Kenney, who is currently on a government trip to South Korea, said Tuesday in a video posted on Twitter.
“But fundamentally we never would have had a balanced budget on the books this year had it not been for getting our spending under control and broader growth in Alberta’s economy.”…