Quote:
Originally Posted by Fuzz
Liars, incompetence, or both? Either way Albertans end up not getting the services their tax dollars pay for, but they know best. |
Pretty stupid post on Bluesky though which is comparing different fiscal periods. Four months ago, the $5B deficit mentioned is with regards to the budget for fiscal year 2025-2026 and takes into account expected lower oil prices and higher costs due to tariff uncertainty.
The $8B surplus is for fiscal year 2024-2025 and is result of higher than expected oil prices and record levels of oil production.
The forecasted surplus for 2024-2025 was $5.8B and came in just over $8B.