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Story summary
- Alberta's 2026 budget, presented by Premier Danielle Smith's United Conservative Party (UCP), projects a $9.4 billion deficit, the second consecutive multibillion-dollar shortfall.
- Finance Minister Nate Horner cites rising population demands and declining oil prices as key factors.
- The budget estimates $74.6 billion in revenue against $83.9 billion in spending, with taxpayer-supported debt expected to surpass $100 billion by next year.
- While personal income taxes will remain unchanged, fees for services like education property taxes and vehicle rentals will increase.
- The government intends to boost funding for health and education despite these financial challenges.
