Province of Alberta Budget 2023—Charting a New Fiscal Framework
The Province of Alberta released its 2023 budget on February 28, 2023. The Province's finances have improved dramatically from the early onset of the Coronavirus Disease (COVID-19) pandemic, with Alberta anticipating a large surplus in 2022–23 followed by a continuation of small surpluses and gradual decline in debt through 2025–26. Strong energy prices are allowing Alberta to realize record nonrenewable resource royalties, while the government has also worked to bring per capita spending down in line with other large provinces.
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