This bill is Alberta’s annual budget law. It authorizes the provincial government to spend money from April 1, 2024 to March 31, 2025.
It sets maximum amounts for day‑to‑day programs, construction projects, loans and other financial dealings, and a reserve for emergencies. It also allows limited shifts of money between categories with approval.
Key points:
All residents
Patients and families
Parents, students, and teachers
Seniors, people with disabilities, and low‑income households
Drivers and commuters
Municipalities, school boards, and health organizations
Businesses and contractors
Taxpayers focused on fiscal management
Estimated annual cost: about CAD $53.8 billion for operating programs, plus CAD $3.7 billion for capital, CAD $1.8 billion for loans/other financial transactions, and a CAD $2.0 billion contingency.
Operating programs (Expense): up to $53,834,781,000
Capital investment (buildings, roads, equipment): up to $3,666,899,000
Financial transactions (loans, investments, debt and similar): up to $1,793,711,000
Contingency fund (for unplanned costs): up to $2,000,000,000
Legislative Assembly and independent offices (Auditor General, Ombudsman, Elections, Ethics, Privacy, Child and Youth Advocate, Public Interest Commissioner): $157,918,000 total
Timeline
First Reading
Second Reading
Committee of the Whole
Third Reading - Royal Assent - Comes into Force