Get Even More Visitors To Your Blog, Upgrade To A Business Listing >>

Alberta’s 2023 budget expected to be overflowing with surplus of petrodollars

The article discusses Alberta's upcoming Budget, which is expected to be overflowing with Surplus petrodollars. This surplus money could be used to pay down the province's debt, fund various government programs, or be used to provide financial assistance to citizens. Travis Toews, the finance minister for the province, has previously highlighted multibillion-dollar surpluses due to rebounding oil and gas revenues. If the benchmark West Texas Intermediate oil price stays robust at US$80 barrel in the coming years, the province could once again, by decade's end, eradicate its $80-billion taxpayer-supported debt. Danielle Smith's United Conservative Party government has already announced and begun implementing a $2.8 billion program of direct payments and tax cuts to help Albertans deal with inflation.

The post Alberta’s 2023 Budget Expected to be overflowing with surplus of petrodollars appeared first on Balanced News Summary.



This post first appeared on Balanced News Summary, please read the originial post: here

Share the post

Alberta’s 2023 budget expected to be overflowing with surplus of petrodollars

×

Subscribe to Balanced News Summary

Get updates delivered right to your inbox!

Thank you for your subscription

×