Alberta to deliver update on whether province still on track for $13B surplus
Albertans are to get an update on whether the province is still on track to record a $13-billion surplus in this year’s budget. Finance Minister Travis Toews will roll out results of the second quarter of the 2022-23 fiscal year today. The budget Toews presented in February predicted a surplus of just $511 million, but that projection soared to $13.2 billion in the first-quarter update on the strength of oil prices in the US$100-a-barrel range. The benchmark price for West Texas Intermedia
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