This bill adds extra money to Alberta’s current-year budget. It lets the government top up funding for several departments before the fiscal year ends on March 31, 2025.
It authorizes more day-to-day spending, small extra funds for projects, and some loan/investment activity (“financial transactions”).
It also moves some approved funds from one department to another, mostly to focus more on mental health and addictions.
Key points:
General public
People seeking mental health or addiction services
Families and communities
Arts, culture, and advocacy groups
Municipalities
Estimated annual cost: about CAD $470 million in added operating funds, plus CAD $3.9 million for capital and CAD $18.3 million for financial transactions.
Operating (expense) top-ups by department:
Capital investment:
Financial transactions (loans/investments):
Fund transfers within the operating budget:
Timeline
Second Reading
Committee of the Whole
Third Reading - Royal Assent - Comes into Force