27.06.2025

"Alberta's Fiscal Update Amid Rising Separatist Sentiment"

Here is a roundup of stories from The Canadian Press designed to bring you up to speed… Alberta finance minister to give fiscal update Alberta’s finance minister is set to deliver the final bottom line number today on last year’s provincial budget

Alberta Finance Minister to Deliver Fiscal Update

Alberta's Finance Minister Nate Horner is set to announce the final figures for the provincial budget today, closing the books on the 2022-2023 fiscal year that ended in March. The most recent forecast indicated a substantial surplus of nearly $6 billion for that budget. However, Alberta's current budget, introduced by Horner in February 2023, anticipates a significant deficit, projecting a $5.2 billion shortfall by March 2026.

Public Sentiment Toward Separatism Rises in Alberta

Premier Danielle Smith expressed that the desire for separation from Canada is at an all-time high among Albertans. During a press conference in Calgary on Thursday, she noted widespread frustration and anger towards the federal government, referencing the significant 18 percent of votes garnered by a separatist candidate in a recent byelection in the Olds-Didsbury-Three Hills riding. Federal Internal Trade Minister Chrystia Freeland, who attended the press conference, responded to Smith's comments by expressing hope that recent legislative changes aimed at expediting major project approvals will address some concerns and serve as a turning point for Albertans.

Controversial Major Projects Bill Passes

The Liberal government's contentious major projects bill, Bill C-5, became law on Thursday. The legislation, which has drawn criticism from Indigenous leaders and environmental groups, enables the federal government to fast-track economic projects by bypassing various environmental protections and legislative requirements. Although an earlier version of the bill included provisions allowing Ottawa to override the Indian Act, these were removed before the bill's passage. Critics of the legislation argue that it has been rushed and calls have been made for more time for Indigenous communities to review the bill and propose amendments.

Winnipeg's Historic Portage and Main Reopens to Pedestrians

A significant milestone in Winnipeg occurred as the iconic intersection of Portage Avenue and Main Street reopened to pedestrians after a closure lasting over four decades. Mayor Scott Gillingham is expected to participate in a ceremonial first crossing at the intersection later today. This landmark has been associated with cultural symbols, inspiring songs and stamps, and has served as a gathering place for celebrations and protests alike. Previously, pedestrian access was blocked for 46 years by concrete barriers, requiring pedestrians to navigate an underground concourse. While some critics advocate for the continuation of barriers to minimize accidents, proponents argue that the underground route poses accessibility challenges.

Beer Companies Expanding Flavor Offerings

At the Molson Coors brewery in west Toronto, known as the company's largest facility in Canada, a new venture is brewing with an array of fruity flavors. The brewery has traditionally produced classic beers such as Molson Canadian and Coors Light for decades. However, recent innovations have expanded their offerings to include hard seltzers and flavored beverages like Coors Seltzer and Simply Spiked Lemonade. General manager Tan Le referred to the brewery's flavor development area as “Flavour Town,” showcasing the company's commitment to incorporating diverse taste experiences into its product lineup. Vice-president of commercial operations for Canada, Anthony Purchase, emphasized the breadth of flavors now available, indicating that the company has embraced a vast assortment of options to cater to consumers' evolving preferences.