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Alberta has been hit especially hard by the economic impacts of the COVID-19 pandemic and oil price collapse. This has led to decreased revenues, increased expenses, higher than anticipated debt, and a record high deficit. Alberta now faces a debt burden of $97.4 billion, more than $22,000 per Albertan. This is similar to an average Alberta family having their income reduced by 17%, while having their expenses increase by 10%.
Your input is helping inform tough decisions to ensure we can continue providing important programs and services, get Alberta out of debt and on the path to a prosperous future. This engagement explored the following topics:
- reducing costs
- prioritizing how revenue should be spent
- seeking opportunities for saving
- looking for ways to strengthen the economy
October 14 to December 4, 2020
Results under review
Who is listening
Ministry of Treasury Board and Finance
Feedback was collected through an online survey from October 14 to December 4, 2020, end of day.
Telephone town halls
Telephone town halls were held in late November and early December. Thousands of Albertans participated in 3 telephone town halls to discuss their budget priorities directly with Finance Minister Travis Toews.
Listen to the recordings:
We thank everyone who participated in these discussions.
Budget feedback email
Submissions for Budget 2021 have now closed.
Thank you to all the individuals and organizations who shared their thoughts through the budget feedback email.
Work on compiling the budget is now underway and the comments that have been received will be included as part of the deliberations.
Your input will help inform the development of Budget 2021, which will be released in February 2021.
Last updated: December 10, 2020