Higher energy prices expected to deliver boost in Alberta budget update

EDMONTON, AB. — Alberta’s finance minister says the recent bullish run on energy prices is part of a stronger economic story on the province’s bottom line that will be revealed in the upcoming second-quarter budget update.

Travis Toews says investment is gaining strength across a range of sectors.

He is not revealing details until the update is delivered Tuesday.

Economist Trevor Tombe says rising oil and natural gas prices could deliver a $2-billion boost to the budget.