Population Boom Will Weigh Heavier Than Tariffs on Upcoming Alberta Budget

Population Boom Will Weigh Heavier Than Tariffs on Upcoming Alberta Budget
Alberta Finance Minister Nate Horner speaks to the media at a news conference in Calgary on June 29, 2023. The Canadian Press/Jeff McIntosh
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Ahead of the release of the provincial budget on Feb. 27, the Alberta government said it will need to make “prudent choices” given priorities on health care, school construction, access to public services, and ongoing bargaining for public sector workers.
With U.S. President Donald Trump’s tariff threats looming, it remains to be seen how the provincial budget may be impacted. The president has for now paused his previously announced 25 percent blanket tariffs on Canadian products, with a carveout for energy products at 10 percent. However, he has since added tariffs on all steel and aluminum imports, set to take effect on March 12, and signalled that more tariffs may come after his officials review existing trade pacts by April.