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As oil prices soar, balanced books could happen in next month's Alberta budget

Calgary Herald: Now, a surplus isn’t my bold prediction for the new year, but it is based on analysis by University of Calgary economist Trevor Tombe. He did some interesting number-crunching this week, examining the impact of red-hot oil prices on the province’s finances. With West Texas Intermediate crude closing at US$83.82 a barrel on Friday, a balanced budget for 2022-23 “looks entirely possible, if not likely,” he noted.

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