Some Alberta politicians express optimism following the introduction of the inaugural budget by Prime Minister Mark Carney’s Liberal administration. However, others are seeking further clarification on various commitments outlined in the budget. Named “Canada Strong,” the 406-page report outlines significant cuts and investments aimed at stimulating growth and efficiency, with a projected deficit of $78 billion for 2025-26.
Calgary Mayor Jeromy Farkas views the budget with cautious optimism, highlighting the federal government’s focus on infrastructure and housing investments as particularly crucial for residents of his city. The budget includes a $51 billion commitment over a decade for local infrastructure projects like housing, roads, water systems, and health facilities, as well as $7 billion towards a new agency, Build Canada Homes, to address affordable housing needs.
Michelle James, from local non-profit Vibrant Communities Calgary, appreciates the continuation of social programs such as $10-a-day child care and the Canada Disability Benefit in the 2025-26 federal budget. Meanwhile, Conservative Member of Parliament Greg McLean acknowledges concerns over the budget deficit but supports investments in defense, emphasizing the importance of meeting international obligations.
Alberta Premier Danielle Smith withholds judgment on the budget pending negotiations with the federal government on a memorandum of understanding (MOU) to address issues affecting private investment in the energy sector and the approval of the proposed Alberta to B.C. bitumen pipeline. Finance Minister Nate Horner seeks more clarity on pipeline references in the budget and highlights the need for predictable funding to support municipal infrastructure in Calgary.
Deborah Yedlin, head of the Calgary Chamber of Commerce, sees the budget as a positive step despite the substantial deficit, while Ottawa’s decision to scrap the industrial emissions cap divides opinions in Alberta. The budget is criticized by Stephen Legault from Environmental Defence for potentially hindering Canada’s climate change efforts, although he acknowledges the possibility of government collaboration to address the situation.