From deficit to surplus? Alberta's bleak budget outlook 'changed dramatically' as oil prices rise

CBC CBC

A pumpjack against a setting sky in Alberta.https://i.cbc.ca/ais/1.3523241,1784317203897/full/max/0/default.jpg?im=Crop%2Crect%3D%2862%2C166%2C1708%2C960%29%3BResize%3D%28620%29" title="Alberta's finances are getting a lift from higher oil prices.

The province has long relied on revenues from oil and gas production to fund public services." width="620" />

Alberta's financial outlook has taken a dramatic turn after the province previously forecasted a $9.4-billion shortfall.

Surging oil prices could mean the province finishes the fiscal year in the black.

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