Alberta
Alberta deficit projected to hit 6.5 billion – up 1.3 billion after first quarter

Q1 update: Steering through the storm
Despite global economic challenges, Alberta remains resilient, prepared to make tough yet prudent choices to support families.
Like other provinces across Canada, Alberta is facing growing financial challenges as global economic uncertainty affects Q1 projections. The first quarter update projects the 2025-26 deficit will reach $6.5 billion, up $1.3 billion from Budget 2025’s forecast. The most significant factor in the growth of the deficit is related to a 38 per cent decline of natural resource revenue, which has decreased from its peak of $25.2 billion in 2022-23 to a forecast of $15.7 billion in 2025-26.
Alberta is also facing added pressure from a growing population, which is projected to increase 2.4 per cent in 2025-26. Other external factors including lower oil prices, tariff threats and slowing global growth are impacting the province’s bottom line. Even with these challenges, Alberta remains committed to prioritizing essential services such as health care and education, while keeping everyday costs like childcare, utilities and housing affordable for families.
“We know the road ahead has its challenges, but with disciplined financial management and smart investments, we will stand by families, rein in the deficit and secure a stronger future.”
More than half, or $2.5 billion, of the $4-billion contingency set aside in Budget 2025 remains to address expense pressures this year. To date, allocations include $706 million for disaster and emergency spending, with $700 million for wildfire response and $6 million to replant trees in affected areas. Another $752 million has been allocated to cover increases not offset by dedicated revenue.
The province continues to engage with federal partners to ensure Alberta’s fiscal interests are protected, key industries are supported, and critical infrastructure is built. Despite external shocks, Alberta’s economy remains resilient. Its real GDP is forecast to lead Canada, and the private sector continues to perform strongly with investment, construction and labour market activity supporting stability.
Alberta’s government is working on a broader strategy to further diversify the economy, reduce vulnerability to oil price swings and trade disruptions, and build a stronger, more resilient Alberta.
Key facts:
- Operating expense is forecast at $65 billion, $679 million more than Budget 2025. This is primarily due to an increase in public-sector wage growth.
- The forecasted price of oil this year is $63 USD per barrel, a decrease of $26 USD per barrel since 2022, when the price of oil averaged over $89 USD per barrel.
- In the first quarter of 2025-26, both Saskatchewan and New Brunswick exceeded their budget forecasts, facing unexpected financial pressures. Saskatchewan shifted from a projected $12-million surplus to a $349-million deficit, and New Brunswick’s deficit climbed to $668.7 million, above its budgeted $549 million.
Related information
- Learn more about Budget 2025 here: Budget | Alberta.ca
Alberta
Municipal Governments Are Moving On Without You

“Giving money and power to government is like giving whiskey and car keys to teenage boys.”— P.J. O’Rourke
As taxpayers who’ve seen their monthly property tax vault from $310/ month to $400/ month within three years the notice that Calgary is offering $285 K for a Director, Climate and Environment caught our eye. For those who don’t follow Calgary politics, mayor Jyoti Gondek is the Woke pretender who exploited a four-way split to gain the mayor’s job in 2022.
Her first act in office? Energy? Transit? Lowering taxes? Be serious. She declared a climate emergency in a city where the sun shines 333 days a year. The biggest air quality issue is forest-fire smoke that originates hundreds of kilometres away from her progressive reach. No matter.
She’s running again this fall on the same noxious platform of climate Armegeddon married to “the values of equity, diversity, inclusion, anti-racism and reconciliation”. For those saying, “Who cares what happens in Cowtown?” this formula applies to virtually every major metropolitan area of Canada. It is a nation of Gondeks running city halls on behalf of unwitting people who go, ”How’d that happen?”
As we head to Labour Day and the celebration of work we can’t list them all the hizzoners and heronners, but we’ll just say Olivia Chow dancing during Toronto’s Caribana or Montreal’s Valerie Plante sending cops into churches to arrest Christian singers and let that suffice.

So as we wade through the 17 paragraphs of “equity, diversity, inclusion, anti-racism and reconciliation” in the job offering know that you are watching in real time the metastasizing of the Canadian public service in microcosm. A creeping blight that now, post Justin Trudeau, sees Canada’s job growth only coming in the public (translation: non-profit) sector. The consultancy class. Sucking billions from the private economy, they’ve rewarded themselves with:
Work-life balance
Pensions
Benefits
Psychological and physical safety
1 day off in a 3 week cycle
Standard 35 hour work week
On a historical note, Justin came by this pork-barrelling naturally. Long ago, his papa Pierre was instrumental in bloating the civil service from a grey, unassuming body to a behemoth instrument of the government’s latest fancy. Faced with the trifecta of Quebec alienation, ‘60s social unrest and a huge Boomer generation PET and the Liberals created a vast menu of public-service jobs to accommodate the army of graduates from the expanding university/ college programs.
With platinum pensions, job security and white-collar pretension they calmed the counter culture even as the cost sent Canada’s economy into a ditch. When the civil service was granted the right to unionize, the stranglehold was compete. Thus we have government employees wearing keffiyehs, demanding the death of Israel and openly politicking for the far Left in elections.

How powerful are they? When the Truckers Convoy interrupted their sleep in Ottawa with honking horns, Trudeau declared a national emergency.
As you read the Calgary job application Job ID #: 312391 you’ll note that the public service’s righteous causes of the past— South Africa, nuclear war, bilingualism— have faded. But they have been replaced by a new mania, the Big Cs of climate, colonialism and conciliation. All eagerly regurgitated by friendly media.
Protected by ironclad job security, they can make your money disappear. Just this week we learned that these folks “faked” a start-up for subsidizing business after handing out $130M. Auditors can’t find the companies or jobs. $130 million . Oh, the possibilities. As P.J. O’Rourke observed, “It is a popular delusion that the government wastes vast amounts of money through inefficiency and sloth. Enormous effort and elaborate planning are required to waste this much money.”
Perhaps the best example of bureaucratic waste is tucked into the line “Applications are encouraged from members of groups that are historically disadvantaged and underrepresented.” (*Translation: DEI) And “… as a member of the Senior Management Team (SMT), you are expected to promote an inclusive leadership style that values equity, diversity, inclusion, and ensures psychological and physical safety.”
So you are urged to promote inclusion while the vast majority of taxpaying white male citizens are excluded from consideration. Right. Got it. And if you want this job please don’t mention that the vast David Suzuki climate empire propped up by government is falling apart in the United States and Europe. (The Chinese and Indians wisely never bought in.) Bury that lede beneath a truck garden of word salad.
There’s more. “Leveraging the business unit’s expertise in watershed planning, urban conservation, biodiversity stewardship, climate resilience, and energy management, you will encourage innovation and collaboration across sectors, integrating environmental excellence into city-wide planning systems and governance frameworks. With strong strategic thinking and political acumen, you will need experience in leading transformational change and fostering innovation.”

Transformational change is what they want (after a lengthy apology for colonialism) That’s why it’s buried at the end of this tedious tract. And oh, did we mention you’ll be required to forgo political neutrality? “You have a strong reputation for political and organizational sensitivity and are driven by a dedication to serving the citizens of Calgary. You are committed to our mission of “Making life better every day” through our core values of Character, Commitment, Competence, and Collaboration.”
Except every third Friday when you march in a Pride Parade or Free Palestine pop-up. Or just goof off. That’s a reward for the exhausting work of leading “climate initiatives that reduce climate risk through enhancing adaptation and resilience for both the Corporation and the community, energy management and greenhouse gas reduction, and supporting the energy transition for Calgary.”
Once again the real goal is buried in the last sentence. “Supporting the energy transition for Calgary”. Because Mark Carney has ordered NetZero diktats, city hall s like Calgary will forgo energy supremacy in exchange for EV batteries and charging stations that don’t work when the city’s temperature drops to minus 35 C.
You are encouraged to “foster open communication and a collaborative working environment that empowers others to make sound decisions. You ensure a respectful, inclusive, and accessible workplace and promoting employee health, safety, and wellness.”
So massive is the job’s importance that it requires an office full of other well-compensated civil servants to field your application. “To speak with a City recruiter, connect with Ashu Gandhi, David Fletcher or Jaci Spence-Eising on LinkedIn.”
We could go on, but the urge to self-harm has overtaken us. We can only summarize with the reason civil servants don’t look out the window in the morning is that then they’d have nothing to do in the afternoon.” Rim shot.
Bruce Dowbiggin @dowbboy is the editor of Not The Public Broadcaster A two-time winner of the Gemini Award as Canada’s top television sports broadcaster, his new book Deal With It: The Trades That Stunned The NHL And Changed hockey is now available on Amazon. Inexact Science: The Six Most Compelling Draft Years In NHL History, his previous book with his son Evan, was voted the seventh-best professional hockey book of all time by bookauthority.org . His 2004 book Money Players was voted sixth best on the same list, and is available via brucedowbigginbooks.ca.
Alberta
Master agreement approved for event park and Village at ICE District

News release from the City of Edmonton
City Council has approved the Master Agreement between the City of Edmonton and the Oilers Entertainment Group (OEG) to develop the Public Event Park and the Village at ICE District. Along with the Government of Alberta and the OEG, the City is working to accelerate the development of more housing, new public infrastructure and economic opportunities in the city’s downtown area. In addition to creating new development in the ICE District, the signing of the agreement enables the City to access provincial funding to demolish the Coliseum and continue to progress work on Exhibition Lands.
The total cost of all projects is $408.2 million, which will be shared among all three partners and will deliver:
“This type of investment in downtown helps answer the call of downtown vibrancy and could have a cascade effect to stimulate further investment,” said Edmonton City Manager Eddie Robar. “We thank all our team members that had a part in getting this agreement negotiated and in place, as it was a lot of work and represents a huge step forward.”
The event park, estimated at $250 million, will increase downtown vibrancy with events that bring people downtown including low-to-no-cost events for the community as part of the Public Benefits Agreement. It will also generate positive publicity and enhance Edmonton’s reputation as a world-renowned destination, while adding to the local economy.
The preliminary work for the Village at ICE District, estimated at $68.2 million, will expedite the development of 2,500 new housing units and stimulate an estimated $1 billion in private sector investment. It will also lead to the creation of a new downtown park and enhance public streetscaping, including wider sidewalks and pedestrian crossings.
The Coliseum Demolition and Improvement Project, estimated at $90 million, includes $55 million from the provincial government and $35 million from the City of Edmonton. This project will fund the demolition of the Coliseum and the construction of public infrastructure in Exhibition Lands to help create a unique, centrally-located infill urban community that is well-connected to downtown and other areas of the city in the coming decades.
“These catalytic investments are going to set off the next round of transformational growth and development in our downtown, and these projects demonstrate the impact of real partnership for economic development,” said Puneeta McBryan, CEO of the Downtown Business Association. “It is encouraging for the Edmonton business community to see the Government of Alberta and City of Edmonton working together to take our downtown economy to the next level, coupled with the proven success and significant investment from their partners at Oilers Entertainment Group. We’re so excited to see all of this come to life.”
The City will use revenues from the Capital City Downtown Community Revitalization Levy (CRL) to fund its portion of the Event Park and site servicing for ICE District projects. It will also leverage land development revenues already earmarked in the capital budget for the Coliseum demolition to fund other important early work in the Exhibition Lands development.
Council’s approval of the master agreement and associated capital profiles allows the City to execute the agreement with the OEG, which paves the way for all three projects to progress. The master agreement also ensures that grant agreements between the City and the Province must be executed, confirming the provincial funding contributions for all projects.
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