- New mandatory public health measures in effect April 6.
- Many Albertans 16+ are now eligible to get vaccinated. Book your shot.
Budget 2021 is focused on what matters most: protecting lives and livelihoods as we face one of the most difficult times in our history.
We will spend a record $23 billion on health care and there's an additional $1.25 billion specifically to fight the pandemic.
The budget will also support jobs now and into the future. Over the next 3 years, we will spend $1.5 billion to develop key sectors and diversify the economy, and $20.7 billion to build new roads, schools and hospitals.
Over the course of the fiscal plan, our approach to responsible and stable spending will also help bring down overall per capita expense.
Economic outlook
Alberta’s economic outlook is slightly more positive than reported in 2020. Alberta’s economy (measured by real Gross Domestic Product, or GDP), is expected to partially rebound by 4.8% in 2021. The economy is now expected to reach pre-COVID levels in 2022.
Revenue
While Alberta’s revenue has been negatively impacted by the pandemic and reduced energy demand, it is starting to grow again. Provincial revenue is projected to be $43.7 billion in 2021-22, an increase of 3.3% from the forecast for 2020-21.
Expense
Budget 2021 is making the right investments. The fiscal plan ensures the health care system can continue to manage the COVID-19 pandemic, helps support measures that will drive long-term economic recovery for a financially sustainable future, and ensures efficient delivery of services to Albertans.
Capital plan
The Capital Plan remains a key element of the government’s recovery strategy. The 3-year plan will support tens of thousands of jobs and invest in strategic infrastructure projects that will help spur economic growth.
What Budget 2021 means for you
Budget 2021 continues to provide social supports for those who need them, including children, families, seniors and vulnerable Albertans. It maintains funding for all current programs, including income and employment support, disability services and help for people experiencing homelessness or fleeing violence.
Watch the news conference
Finance Minister Travis Toews provides details on Budget 2021.
News
- April 8, 2021
Alberta’s government is providing $20 million in funding to support research and development in vaccines and curing disease.
- March 29, 2021
Constructing a new Court of Appeal facility and restoring the historic court building in Calgary will protect livelihoods by improving access to justice and supporting about 570 construction-related jobs.
- March 26, 2021
A $33-million one-time commitment from Budget 2021 will drive down wait times for Albertans needing non-emergency CT scans and MRIs in public hospitals and spark innovation to provide the best patient care.
- March 23, 2021
Budget 2021 provides an additional $5 million to help train commercial Class 1 drivers and protect livelihoods.
- March 17, 2021
A $50-million commitment from Alberta’s government will modernize and improve rural health facilities across the province to ensure all Albertans have access to top-quality health services.
- March 12, 2021
Budget 2021 spends $3 billion over three years to extend the life of key provincial infrastructure and protect livelihoods across Alberta.
- March 10, 2021
Fourteen new school projects will provide new and improved student spaces, create jobs and revitalize Alberta communities.
- March 8, 2021
Alberta’s 2021 Capital Plan spends $20.7 billion over three years to create 90,000 jobs and protect Albertans’ livelihoods as part of Alberta’s Recovery Plan.
- March 5, 2021
Alberta’s health system will perform thousands more surgeries to eliminate the current backlog caused by the COVID-19 pandemic and reduce wait times.
- March 4, 2021
Budget 2021 is supporting a vital expansion of the neonatal intensive care unit at Calgary’s Foothills hospital to improve access and care for fragile newborns and at-risk moms from southern Alberta.