Overview
Alberta is facing headwinds from economic uncertainty and revenue volatility due to international market instability, fluctuating oil prices and a rapidly growing population adding pressure on our public service. Budget 2025 delivers on the government’s commitment to making prudent spending decisions and sustainably delivering programs to Albertans.
What the budget means for you
Budget 2025 works to continue to build the province and support Albertans despite the current challenging situation.
Budget 2025 fulfills the government’s promise to lower personal income taxes by creating a new tax bracket of 8% on the first $60,000 of income.
It continues its important work to refocus the health care system by establishing 4 integrated health agencies to improve outcomes for patients.
And it works to protect Alberta’s advantage by securing the border between Alberta and the US, working to access new markets for energy and mineral resources, and cultivating markets to support agriculture products and value-added processors.
Economic outlook
Stormy skies are on the horizon for Alberta’s economy after ending last year on a solid footing. Last year ended with high employment gains, record oil production and increased investment in non-residential building. However, a significant shift in U.S. trade policy towards stronger protectionist measures puts a damper on the 2025-26 outlook.
Revenue
Alberta’s economic position as a small, open economy with a large natural resource base makes it sensitive to global economic conditions beyond the province. Alberta’s government introduced a renewed fiscal framework in 2023 to help manage volatile and unpredictable government revenue.
Expense
The Government of Alberta is committed to fiscal responsibility, efficient delivery of public services, and focusing on Albertans’ priorities, while transforming our health care system, strengthening education and support to vulnerable Albertans, and keeping communities safe.
Capital Plan
With a total of $26.1 billion allocated over the next 3 years – $1.1 billion more than in Budget 2024 – the 2025 Capital Plan addresses current growth pressures, supports future economic growth and creates additional opportunities for private sector participation.
Watch the news conference
Finance Minister Nate Horner provides details on Budget 2025.
News
- Apr 14, 2025
Alberta’s government is investing $100 million to revitalize the Biological Sciences Building at the University of Alberta.
- Apr 11, 2025
Budget 2025 is supporting francophone students with more dollars to support French language programming and new school projects.
- Apr 10, 2025
Budget 2025 includes $20 million to plan new primary care centres that will improve access to essential services across Alberta.
- Apr 10, 2025
Alberta's government is providing a $900,000 boost to the Alberta fire weather network to upgrade equipment, protect at-risk communities and improve wildfire response.
- Apr 8, 2025
Alberta’s Ethnocultural Grant Program supports community-driven multicultural initiatives across the province.
- Apr 3, 2025
Alberta’s government is accelerating planning for expanded cardiac services in southern Alberta, ensuring Albertans can access the care they need close to home.
- Apr 2, 2025
Budget 2025 is helping rural Albertans access essential services like gas, electricity and water to grow their local economies.
- Apr 2, 2025
Alberta’s government is investing $6.9 million to expand the Lakeshore Regional Police Service detachment building which serves five First Nations communities.
- Mar 31, 2025
Alberta’s government is investing about $330 million over three years to support health capital projects in rural communities across the province.
- Mar 28, 2025
If passed, Budget 2025 includes $17 million in planning funds to support the development of urgent care facilities across the province.