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But we saved everything 🙂.
Courtney Theriault reports that Alberta's fiscal position could dramatically improve if current high oil prices are sustained.
According to a new report from the Business Council of Alberta, the province may swing from a projected $9.4 billion deficit to a $6 billion surplus if these strong oil prices continue.
Questions about Canada's reliance on the U.S. market have been raised in recent months. In a past article, Theriault referenced a tweet author who asked whether this dependency poses risks for the Canadian economy. Experts including Mark Carney have publicly debated the potential vulnerabilities tied to this relationship.