Overview
- The province now pegs West Texas Intermediate at US$61.50 a barrel, with officials noting a US$1 move shifts revenue by about $750 million.
- Non‑renewable resource income is forecast at $15.4 billion for 2025–26, down from the $25.2 billion peak in 2022–23.
- Total revenue is projected at $73 billion against $79.4 billion in expenses, with taxpayer‑supported debt seen reaching about $82.9 billion by March.
- About $881 million from the contingency fund is committed to compensation from newly settled public‑sector labour agreements.
- Record oil sands output contrasts with weak global demand, and the Heritage Fund stands at roughly $31.5 billion after earning $770 million in Q2.