Highlights from Alberta budget 2016

WATCH ABOVE: Global's Emily Mertz has the highlights of Alberta budget 2016 outside the legislature Thursday afternoon.


EDMONTON – The Alberta government tabled its 2016-17 budget Thursday. Here are some of the highlights:

  • Total revenue is pegged at $41.4 billion against $51.1 billion in spending. The government is adding a $700-million buffer if oil prices fall into the US$30 barrel range, which would bring the deficit to $10.4 billion.
  • Benchmark West Texas Intermediate oil expected to average US$42 a barrel and the dollar is forecast at US73.5 cents.
No comments

Post Your Comment:

Copyright 2020 by the REALTORS® Association of Edmonton. All Rights Reserved.
Data is deemed reliable but is not guaranteed accurate by the REALTORS® Association of Edmonton.