Together, these programs will support 380,000 children in 199,000 families across the province.
$480 million in 2016-17 for programs to help eligible Albertans cover basic costs of living and find or maintain jobs
$206 million for related adult and child health benefit programs.
Apprenticeship and training
$25 million in funding will be allocated to support apprenticeship and training. This includes:
$15 million to support apprenticeship-focused training opportunities
$10 million to provide workforce training opportunities
Stable public services
Budget 2016 also keeps the government’s commitment to provide stable funding for key public services. While some spending commitments included in last year’s budget will be deferred, Budget 2016 maintains:
stable funding for health care, including mental health and midwifery services
stable funding for education, including fully funding enrolment growth
stable funding for post-secondary education, including the post-secondary tuition freeze
stable funding for social services, including Family and Community Support Services and women’s shelters
To help households adjust to the new carbon price outlined in the Climate Leadership plan, the government will implement carbon rebates, starting in 2017:
Up to $200 for single adults, $300 for couples and $30 per child under 18 years of age (to a maximum of four) for lower- and middle-income Albertans in 2017.
Along with the price of carbon, rebates will increase to $300 for single adults, $450 for couples and $45 per child in 2018.
The rebate will offset the average cost of the carbon levy for lower- and middle-income Albertans, and will reach 6 in 10 households in the province.
As part of Alberta’s Jobs Plan, Budget 2016 continues the investment in modern, efficient infrastructure introduced in Budget 2015 to help stimulate the economy and keep people working.
There is funding for new projects, including new schools and school modernizations, continuing care beds, and affordable housing and transportation infrastructure, such as twinning the Peace River bridge.
In total the Capital Plan supports $34.8 billion in infrastructure projects over the next five years, including:
$9 billion in municipal infrastructure support over five years, including $6.1 billion under the Municipal Sustainability Initiative
$6.2 billion for capital maintenance and renewal, including $759.5 million for hospitals and health-care facilities
$4.6 billion for roads and bridges
$3.5 billion for health facilities and equipment, including $1.2 billion for the new Calgary Cancer Centre and $500 million for future priority investments in health projects across the province
$3.5 billion for schools, including $2.9 billion to complete the 200 new and modernization projects previously announced and $500 million for future projects
There is also $2.2 billion allocated for green infrastructure under the Climate Leadership Plan.
Diversifying our energy industry and our energy markets
Government is committed to building a more diversified economy that creates jobs for Albertans.
Petrochemical Diversification Program
In addition, the Petrochemical Diversification Program (PDP) will encourage investment in Alberta’s petrochemical industry and add value to our energy products. The PDP includes up to $500 million in royalty credits for petrochemical projects, specifically methane and propane upgrading facilities.
Diversified energy economy
Budget 2016 includes the Climate Leadership Plan (CLP), an economy-wide strategy for reducing greenhouse gas emissions. The plan will erase any doubt about Alberta’s environmental record, and help us build the pipelines we need to safely and securely get our energy products to new markets.
The CLP imposes a price on carbon emissions, implemented through a carbon levy that will act as the key tool to pay for a greener, more diversified economy.
Over the next 5 years the carbon levy is projected to collect $9.6 billion, which will be reinvested into Alberta’s economy.
$6.2 billion will be spent on diversification of our energy economy and creating jobs, including:
$3.4 billion for large scale renewable energy, bioenergy and technology
$2.2 billion for green infrastructure like transit
$645 million for Energy Efficiency Alberta, a new provincial agency that will support increasing energy efficiency for homes and businesses
Budget 2016 contains considered measures to control government costs while maintaining the health and education services Albertans count on. The budget implements a series of cost savings that help limit the rate of growth in government operating spending, without sacrificing certainty and stability for families.
Government is also consolidating or dissolving 26 agencies, boards and commissions (ABC), saving $33 million over 3 years. The next stage of the ABC review, including board and executive compensation, will begin shortly.