Alberta ended fiscal 2025-26 with a surplus of over $2.2 billion, a $7.4-billion swing from the $5.2-billion deficit originally projected in Budget 2025. Total revenue reached $79.8 billion, about $5.6 billion above forecast, driven by a $2.1-billion rise in investment income, an extra $932 million in corporate income tax and $867 million in resource revenue tied to higher oil prices in March. Expenses of $77.5 billion were about $1.8 billion below budget, though they rose roughly $3.4 billion from the previous year, and the surplus was smaller than the $8.3-billion surplus of 2024-25. Finance Minister Jason Nixon warned that oil prices can change quickly, while the Alberta Heritage Savings Trust Fund was valued at about $32 billion as of March 31, up $4.9 billion. Net debt fell $747 million to $33.6 billion.
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| Change that session | -0.08% |
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