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Stakeholders await Alberta budget after address by premier creates feeling of unease

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There's a feeling of unease among a number of groups hoping for funding increases in Alberta's next budget.

Alberta Premier Danielle Smith promised not to cut spending this year in a pre-budget speech on Wednesday but said the province still needs to show more restraint than previously expected.

In a pre-budget, eight-minute paid prime time televized speech, Smith said lower resource revenues and the volatile price of oil and gas have prompted the government to think of a long-term strategic financial plan to have a “stable, balanced budget.”

In short, Smith said the province must, in the long-term, get off the rollercoaster ride that is relying on oil and gas prices.

Global's Adam MacVicar has the reaction.

For more info, please go to https://globalnews.ca/news/10309579/alberta-premier-danielle-smith-pre-budget-speech-2024/

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Category
U.S. & Canada
Tags
global news, Politics, Alberta
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