Pledging historic investments in health care, Alberta’s United Conservative Party government will table its fourth budget today — one that economists say could be balanced for the first time in eight years.
Government coffers will benefit from oil and gas revenues much higher than the finance ministry foresaw a year ago, when they estimated Alberta would have a $3-billion deficit in 2022-23.
Premier Jason Kenney said Tuesday that rosier picture didn’t only hinge on resource revenues.
“Obviously, we are benefiting from strong oil and gas prices,” Kenney said.
“But we are seeing dynamic growth in virtually every Alberta industry, and diversification happening like never before.”
