Slumping oil prices are bringing some relief for drivers filling up their gas tanks this winter, but they’re also delivering a financial hit to some provinces as they prepare their next budgets — notably Alberta.
Oil prices have fallen by almost 40 per cent since reaching a high of more than $120 US per barrel in 2022. Oil was trading at more than $90 in September, but this week, prices have fluctuated in the low $70s (all figures in US dollars).
The Alberta government wraps up public consultations on its next budget this week, and experts aren’t sure whether the province will be
