Alberta may end up with a surplus after all

Alberta was expected to make a surplus but economic conditions cast doubt on the ability of finance minister Robin Campbell being able to end the fiscal year on a high.

Alberta was expected to make a surplus but economic conditions cast doubt on the ability of finance minister Robin Campbell being able to end the fiscal year on a high. However today he announced that he expects a surplus of $465 million for 2014-15 after additional investment income and extra federal cash for flood relief turned the province’s fortunes around. Last month premier Jim Prentice had said there would likely be a deficit of $500 million.