Alberta closed the 2024-2025 fiscal year with an $8.3-billion surplus, nearly $8 billion more than last year’s $367 million projection, marking the province’s fourth straight surplus. This strong performance was driven by higher corporate and personal tax revenues and a smaller price gap between Alberta crude oil and US oil. The surplus reflects Alberta’s improving fiscal health amid favorable economic conditions and energy market trends.
Alberta boasts a $8.3B surplus, eliminating deficit forecast
