CALGARY, Alberta, March 6 The Canadian province
of Alberta, the largest source of U.S. oil imports, said on
Thursday it expects to post a C$2.6 billion ($2.4 billion)
operating surplus in the upcoming fiscal year on higher resource
and tax revenue.
In his budget for the 2014/2015 fiscal year, Alberta Finance
Minister Doug Horner said the province expects revenue of C$43
billion and expenses of C$40.4 billion.
Capital spending, which is not included in the operating
budget, will total C$6.6 billion in the coming fiscal year, with
most of the money directed to roads, schools and health care.
There are no new taxes or tax increases in the budget.