9 h. ago Tax cuts, increases, tariff uncertainty highlight 2025 Alberta budget

The Alberta government's 2025/26 budget includes an income tax break for Albertans, but also increases in some other taxes and fees amid uncertainty over U.S. tariffs.

Economics

9 h. ago Red ink, tax cuts, debt payments: Highlights of Alberta’s 2025 budget

Alberta’s finances, tied to the rollercoaster ride that is oil prices, are once again plunging: the 2025 budget predicts a $5.2-billion deficit with no immediate relief in sight.

Economics

10 h. ago Budget 2025: Province ups contingency to deal with potential impacts of U.S. tariffs on farmers, ranchers

Tariffs would have 'uneven' impacts on the agriculture sector, according to Alberta government documents, with the potential for them to hit both cattle producers and crop farmers

Economics

10 h. ago Alberta Budget 2025: Province ups contingency to deal with potential impacts of U.S. tariffs on farmers, ranchers

Tariffs would have 'uneven' impacts on the agriculture sector, according to Alberta government documents, with the potential for them to hit both cattle producers and crop farmers

Economics

10 h. ago Alberta Budget 2025: Province sets aside $106 million in Edmonton deal with city, OEG to demolish Coliseum, build event park and Downtown development

Provincial officials said Thursday the $52-million event park would include an indoor and outdoor component east of the arena. It would be a public recreation and community gathering space

Economics

10 h. ago Alberta Budget 2025: Education funding to see a 4.5% increase, hike in education property tax

Alberta plans to hike the education property tax in Budget 2025 with the increase covering more than one-third of the operating expenses for education. Finance Minister Nate Horner tabled the province’s 2025-2026 budget on Thursday, and Alberta Education will see a 4.5 per cent increase for the year with a total operating budget of $9.9 […]

Economics

10 h. ago 'Difficult decision': Alberta Budget 2025 delivers $1.2 billion tax cut but also $5.2 billion deficit

“We’re going to have to have hard conversations as Albertans about what we expect government to fund, the services we want to see,” Finance Minister Nate Horner said Thursday

Economics

10 h. ago Alberta Budget 2025: Housing market still a ‘bright spot,’ but looming Trump tariffs will significantly impact province

There’s just no escaping tariff talk in Alberta’s 2025 budget, but the government expects the province’s housing market to be a “bright spot” in the year ahead.  Finance Minister Nate Horner praised the work of Alberta homebuilders, saying they “performed better than every other jurisdiction,” which is helping improve Alberta’s housing supply.  “Alberta’s housing market […]

Economics

18 h. ago Alberta budget day arrives amid talk of U.S. tariffs, possible tax cuts

Finance Minister Nate Horner says addressing affordability is a prime concern, but the uncertainty surrounding tariffs makes the budget more challenging.

Economics

34 h. ago 'Challenging': Alberta Budget 2025 to come tomorrow amid continued tariff, energy uncertainty

"It's going to be more challenging with the threat of tariffs and the uncertainty that we see," Finance Minister Nate Horner said of building Thursday's budget

Economics

3 d. ago Bank of Canada warns U.S. tariffs would have 'severe' impact

Tariffs could weaken the country's economy in the next two years, says Bank of Canada (BoC) governor Tiff Macklem.While speaking to members of the Mississauga Board of Trade and the Oakville Chamber of Commerce on Friday, Feb. 21, Macklem highlighted the uncertainties brought about by tariff threats and compared its potential impact to the pandemic."In the pandemic, we had a steep recession followed by a rapid recovery as the economy reopened. This time, if tariffs are long-lasting and broad-based, there won't be a bounce-back," he stated."We may eventually regain our current rate of growth, but the level of output would be permanently lower. It's more than a shock — it's a structural change."He stated that even the period of uncertainty is "already causing harm" and that a trade conflict would cost people their jobs and reduce exports and investments.The immediate impact of tariffs on CanadaMacklem pointed out that the threat of tariffs has brought about uncert...

Economics