‘Credible but Cautious’: Alberta Budget out of Red; Forecasts Rosy Economic Future

‘Credible but Cautious’: Alberta Budget out of Red; Forecasts Rosy Economic Future
Alberta Premier Jason Kenney watches as Finance Minister Travis Toews delivers the 2022 budget in Edmonton on Feb. 24, 2022. The Canadian Press/Jason Franson
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EDMONTON—Alberta’s budget is out of the red, forecasts a rosy economic future and promises big-bucks spending on hospitals, health care and programs to plug gaps in its burgeoning labour force.

Finance Minister Travis Toews says the 2022 budget forecasts a $500-million surplus, with small surpluses projected in years after that.