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Business & Economics

Opinion: Boom turns to bust in budget, as Alberta remains on resource revenue roller-coaster

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Summary
Nutrition label

55% Informative

Alberta will flip from a $5.8-billion budget surplus in 2024-2025 to a deficit in 2025-2026 , with more deficits projected over the following two years .

Tegan Hill : It's all part of the roller-coaster Premier Danielle Smith ’s government signed up for by relying on relatively high (but very volatile) resource revenue to finance spending and balance the budget.

Hill: Every $ 1 decline in oil prices leads to a $750-million swing in Alberta 's bottom line.

VR Score

68

Informative language

73

Neutral language

10

Article tone

formal

Language

English

Language complexity

53

Offensive language

not offensive

Hate speech

not hateful

Attention-grabbing headline

not detected

Known propaganda techniques

not detected

Time-value

short-lived

External references

no external sources

Source diversity

no sources