FADING GEOPOLITICAL RISKS"... ALBERTA'S New Budget Outdated and Likely Amiss by BILLIONS.

By Chandrayee Roy Choudhury, Canada: Before Alberta Premier Jason Kenney could unveil his latest budget on Thursday afternoon, much of the document came across as out of date by weeks, if not months.

On the same day that Russia invaded Ukraine, which further fuelled sky-high oil prices, Alberta's budget described "fading geopolitical risks" around the globe.

It couldn't be further from reality.

And for a province so heavily reliant on oil prices and the oilpatch to support its finances and economy, the budget felt archaic and unable to provide an accurate picture of Alberta's financial health.