Alberta budget

The Alberta budget is an annual act of the Legislative Assembly of Alberta, giving statutory authority to the Government of Alberta for its revenue and expenditure plans. For the financial year 2024/25 the budget was approximately $73,170,000,000.[1] The Financial Statutes Amendment Bill, is presented to the Legislative Assembly by the minister of finance. The current finance minister is Nate Horner, who was appointed to the role in June 2023.[2]

Purpose

The Government of Alberta is ultimately accountable to the members of the Legislative Assembly and to the Albertan public for its use of public money and how its spending is allocated.[3] The Government of Alberta allocates funding for areas which include schools, hospitals, policing, certain social security benefits, the economy, climate change and the environment, amongst others, from the Alberta budget.[4][5] The Alberta budget is primarily funded via provincial taxes and the Canadian transfer payments.[6]

Alberta public finance

Historical budgets

Budgets of the Government of Alberta
Year[a] Date Name Bill Minister of Finance Budget (Billions CAD)[b][c] Actual (Billions CAD)[b][c][d] Notes
Minister Party Revenue Expenditure Other
(Provinsion/
Allowance) 		Deficit WTI
(USD)[e] 		Revenue Expenditure Deficit WTI
(USD)[e]
2020 February 27, 2020 A plan for jobs and the economy Travis Toews UCP 50.0 56.1 -0.8 -6.8 58.00 43.1 60.1 -17.0 42.32 [7][8]
2019 October 24, 2019 A plan for jobs and the economy Travis Toews UCP 50.0 56.5 -2.2 -8.7 57.00 46.2 58.4 -12.2 62.77 [9][10]
2018 March 22, 2018 A recovery built to last Joe Ceci NDP 47.9 56.2 -0.5 -8.8 59.00 49.6 56.3 -6.7 53.69 [11][12]
2017 March 16, 2017 Working to make life better Joe Ceci NDP 45.0 54.9 -0.5 -10.3 55.00 47.3 55.3 -8.0 53.69 [13][14]
2016 April 14, 2016 The Alberta jobs plan Joe Ceci NDP 41.4 51.1 -0.7 -10.4 42.00 42.3 53.1 -10.8 47.93 [15]
2015[f] October 27, 2015 Supporting jobs, supporting families. The Alberta way. Joe Ceci NDP 43.8 49.9 -6.1 50.00 42.5 48.9 -6.4 45.00 [16]
March 16, 2015 N/A Robin Campbell PC 43.4 48.4 -5.0 54.84 [17]
2014 March 6, 2014 The building Alberta plan Doug Horner PC 43.1 40.4 2.6 95.22 49.5 48.4 1.1 80.48 [18]
2013 March 7, 2013 Responsible change Doug Horner PC 37.6 38.0 1.1 0.7 92.50 45.3 44.5 0.8 99.05 [19][20]
2012 February 9, 2012 Investing in people Ron Liepert PC 40.3 41.1 -0.9 99.25 38.7 41.6 -2.8 92.07 [21]
2011 February 24, 2011 Building a better Alberta Lloyd Snelgrove PC 35.6 39.0 -3.4 89.40 39.2 39.3 -0.02 97.33 [22][23]
2010 February 9, 2010 Striking the right balance Ted Morton PC 34.0 38.7 -4.7 78.75 35.0 38.4 -3.4 83.38 [24]

Budget acts

  • The Financial Administration Amendment Act, 1972 (Bill 91, assented to 1972-06-02), SA 1972, c 41
  • The Financial Administration Amendment Act (No 2) (Bill 115, assented to 1972-11-22), SA 1972, c 108
  • The Financial Administration Amendment Act, 1973 (Bill 56, assented to 1973-05-10), SA 1973, c 25
  • The Financial Administration Amendment Act, 1974 (Bill 37, assented to 1974-06-06), SA 1974, c 28
  • The Financial Administration Amendment Act, 1975 (Bill 23, assented to 1975-06-25), SA 1975(2), c 20
  • The Financial Administration Amendment Act, 1976 (Bill 29, assented to 1976-05-19), SA 1976, c 19
  • The Financial Administration Amendment Act, 1977 (Bill 23, assented to 1977-05-18), SA 1977, c 21
  • The Financial Administration Act, 1977 (Bill 63, assented to 1977-11-10), SA 1977, c 68
  • The Financial Administration Amendment Act, 1980 (Bill 31, assented to 1980-05-22), SA 1980, c 20
  • Financial Administration Amendment Act, 1980 (No 2) (Bill 81, assented to 1980-11-27), SA 1980, c 64
  • Financial Administration Amendment Act, 1982 (Bill 29, assented to 1982-05-04), SA 1982, c 18
  • Financial Administration Amendment Act, 1983 (Bill 54, assented to 1983-06-06), SA 1983, c 29
  • Financial Administration Amendment Act, 1984 (Bill 31, assented to 1984-05-31), SA 1984, c 18
  • Financial Administration Amendment Act, 1986 (Bill 30, assented to 1986-09-18), SA 1986, c 16
  • Financial Administration Amendment Act, 1987 (Bill 56, assented to 1987-06-17), SA 1987, c 22
  • Financial Administration Amendment Act, 1989 (Bill 10, assented to 1989-08-18), SA 1989, c 14
  • Financial Administration Amendment Act, 1990 (Bill 21, assented to 1990-05-30), SA 1990, c 20
  • Financial Administration Amendment Act, 1991 (Bill 45, assented to 1991-06-25), SA 1991, c 12
  • Financial Administration Amendment Act, 1992 (Bill 37, assented to 1992-07-08), SA 1992, c 15
  • Financial Administration Amendment Act, 1993 (Bill 5, assented to 1993-10-14), SA 1993, c 19
  • Agriculture Financial Services Act (Bill 21, assented to 1993-11-15), SA 1993, c A-12.5
  • Financial Administration Amendment Act, 1996 (Bill 17, assented to 1996-05-01), SA 1996, c 18
  • Financial Institutions Statutes Amendment Act, 1996 (Bill 21, assented to 1996-05-01), SA 1996, c 19
  • Financial Administration Amendment Act, 1998 (Bill 39, assented to 1998-04-30), SA 1998, c 16
  • Financial Statutes Amendment Act, 2003 (Bill 2, assented to 2003-03-10), SA 2003, c 2
  • Financial Sector Statutes Amendment Act, 2003 (Bill 12, assented to 2003-05-16), SA 2003, c 19
  • Financial Administration Amendment Act, 2004 (Bill 12, assented to 2004-03-11), SA 2004, c 7
  • Financial Statutes Amendment Act, 2005 (Bill 37, assented to 2005-05-10), SA 2005, c 12
  • Financial Institutions Statutes Amendment Act, 2008 (Bill 13, assented to 2008-06-03), SA 2008, c 4
  • Financial Administration Amendment Act, 2008 (Bill 31, assented to 2008-11-04), SA 2008, c 16
  • Financial Administration Amendment Act, 2013 (Bill 35, assented to 2013-12-11), SA 2013, c 20
  • Financial Statutes Amendment Act, 2020 (Bill 44, assented to 2020-12-09), SA 2020, c 33
  • Financial Statutes Amendment Act, 2022 (Bill 2, assented to 2022-04-21), SA 2022, c 4
  • Financial Statutes Amendment Act, 2023 (Bill 10, assented to 2023-03-28), SA 2023, c 3
  • Financial Statutes Amendment Act, 2024 (Bill 10, assented to 2024-05-16), SA 2024, c 4
  • Financial Statutes Amendment Act, 2024 (No. 2) (Bill 32, assented to 2024-12-05), SA 2024, c 15

See also

Notes

  1. ^ Fiscal year is April 1 to March 31
  2. ^ a b Numbers across different fiscal years are not strictly comparable due to numerous accounting policy changes over time.
  3. ^ a b Totals may not add up due to rounding
  4. ^ Actual expenses taken from reporting in future year budgets or Annual Reports
  5. ^ a b West Texas Intermediate is used a benchmark in North America and serves as a reference price for buyers and sellers of crude oil
  6. ^ The Progressive Conservative government under Premier Jim Prentice introduced a budget for the 2015-16 fiscal year prior to calling the 2015 Alberta general election. The New Democratic Party under Premier Rachel Notley introduced a new budget for the 2015-16 fiscal year upon forming government.

References

  1. ^ "Fiscal Plan". Government of Alberta. Archived from the original on 23 March 2025. Retrieved 23 March 2025.
  2. ^ Kolafa, Pat (9 June 2023). "MLA Horner named Minister of Finance, President of Treasury Board". The Drumheller Mail. Archived from the original on 10 June 2023. Retrieved 23 March 2025.
  3. ^ Kaisar, Saif (30 June 2022). "Auditor General tears into Alberta UCP over lack of data on how $4B was spent during pandemic". CityNews Calgary. Archived from the original on 1 July 2022. Retrieved 23 March 2025.
  4. ^ "Alberta's 2025 budget proposes $10 million for Aboriginal Business Investment Fund". rdnewsNOW. 21 March 2025. Archived from the original on 23 March 2025. Retrieved 23 March 2025.
  5. ^ Zapata, Karina (14 March 2025). "Alberta government to fund 16 new schools, 2 school modernizations in Calgary and area". CBC News. Archived from the original on 15 March 2025. Retrieved 14 March 2025.
  6. ^ Tombe, Trevor; Béland, Daniel; Slack, Enid (26 April 2023). "Canada's federal transfer payment system badly needs a tune-up". The Conversation. Archived from the original on 4 May 2023. Retrieved 22 March 2025.
  7. ^ Budget 2020: Fiscal Plan (PDF). Government of Alberta. 2020. ISBN 978-1-4601-4717-7. Retrieved 4 September 2020.
  8. ^ 2020-21 Final Results - Year-end Report (PDF). Government of Alberta. June 2021. p. 3. Retrieved 30 May 2023.
  9. ^ Budget 2019: Fiscal Plan (PDF). Government of Alberta. 2019. ISBN 978-1-4601-4596-8. Retrieved 4 September 2020.
  10. ^ Government of Alberta 2019–20 Annual Report (PDF). Government of Alberta. 2020. ISBN 978-1-4601-4812-9. Retrieved 4 September 2020.
  11. ^ Budget 2018: Fiscal Plan (PDF). Government of Alberta. 2018. ISBN 978-1-4601-3834-2. Retrieved 4 September 2020.
  12. ^ Government of Alberta 2018–19 Annual Report (PDF). Government of Alberta. 2019. ISBN 978-1-4601-4523-4. Retrieved 4 September 2020.
  13. ^ Budget 2017: Fiscal Plan (PDF). Government of Alberta. 2017. ISBN 978-1-4601-3251-7. Retrieved 4 September 2020.
  14. ^ Government of Alberta 2017–18 Annual Report (PDF). Government of Alberta. 2018. ISBN 9781460140581. Retrieved 4 September 2020.
  15. ^ Budget 2016: The Alberta Jobs Plan - Fiscal Plan (PDF). Government of Alberta. 2016. ISBN 978-1-4601-2866-4. Retrieved 4 September 2020.
  16. ^ Budget 2015: Supporting Jobs. Supporting Families. The Alberta Way. Fiscal Plan (PDF). Government of Alberta. 2015. ISBN 978-1-4601-2595-3. Retrieved 4 September 2020.
  17. ^ Budget 2015: Fiscal Plan (March) (PDF). Government of Alberta. March 2015. ISBN 978-1-4601-2179-5. Retrieved 4 September 2020.
  18. ^ The Building Alberta Plan - Budget 2014, Fiscal Plan (PDF). Government of Alberta. 2014. ISBN 978-1-4601-1585-5. Retrieved 4 September 2020.
  19. ^ Budget 2013: Responsible Change, Fiscal Plan (PDF). Government of Alberta. 2013. ISBN 978-1-4601-0680-8. Retrieved 4 September 2020.
  20. ^ Government of Alberta 2013–14 Annual Report (PDF). Government of Alberta. 2014. ISBN 978-1-4601-1722-4. Retrieved 4 September 2020.
  21. ^ Budget 2012: Investing in People, Fiscal Plan (PDF). Government of Alberta. 2012. ISBN 978-0-7785-9865-7. Retrieved 4 September 2020.
  22. ^ Budget 2011: Building a Better Alberta, Fiscal Plan (PDF). Government of Alberta. 2011. ISBN 978-0-7785-5930-6. Retrieved 4 September 2020.
  23. ^ Government of Alberta 2011-12 Annual Report (PDF). Government of Alberta. 2012. ISBN 978-1-4601-0340-1.
  24. ^ Budget 2010: Striking the Right Balance, Fiscal Plan (PDF). Government of Alberta. 2010. ISBN 978-0-7785-5808-8. Retrieved 4 September 2020.
  • Page at the Government of Alberta website


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