Warning about billions being given to a province (7)
I believe the answer is:
alberta
'province' is the definition.
(Alberta is an example)
'warning about billions being given to a' is the wordplay.
'warning' becomes 'alert' (alert is a kind of warning).
'about' indicates putting letters inside.
'billions' becomes 'b'.
'being given to' is a charade indicator (letters next to each other).
'alert' enclosing 'b' is 'albert'.
'albert'+'a'='ALBERTA'
(Other definitions for alberta that I've seen before include "part of Canada" , "Einstein" , "Canadian province, capital Edmonton" , "region of North America" , "Bale rat out of Canada" .)