Alberta’s Surplus Masked by Cash Crunch | Calgary News

Alberta’s fiscal outlook just got a major upgrade—with a projected $2 billion surplus in Q1, fueled by soaring natural resource revenues and stronger income tax receipts. But here’s the twist: it’s still technically a cash deficit, thanks to upfront capital spending, deferred accounting tricks, and Heritage Trust Fund adjustments that don’t actually bring in real cash. To truly balance the books, they’d need another $4.3 billion. Population growth is slowing but still on track, housing starts are down, exports are gaining momentum (especially canola to China), manufacturing’s rebounding, and oil production’s set to surge thanks to companies delaying maintenance. Inflation’s ticking up to 2.6%, with tariffs looming as a potential threat—but for now, Alberta’s economy’s showing surprising resilience. Listen in comfort:Get a discount on a Soli Pillow: http://solipillow.com/discount/dnn. Advertise on DNN:[email protected] This is an automated, high-level news summary based on public reporting.Report issues to [email protected]. View sources & latest updates:https://sources.thednn.ai/3b49d0eca1d63113