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COVID-19 Updates: State of public health emergency declared.

Budget 2022 consultations

Help set the direction for Budget 2022 - take our online survey by January 15 to share your priorities for your family, business and community.

Businesses, associations and groups can also submit letters and other documents online to share their budget priorities.

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Budget 2021

Budget 2021 is focused on what matters most: protecting lives and livelihoods as we face one of the most difficult times in our history.

As outlined in the 2021-22 Mid-year Fiscal Update and Economic Statement, Alberta’s government is spending $2.8 billion this year for COVID-19 and recovery related initiatives. Over the next 3 years, we will spend $21.6 billion to build new roads, schools and hospitals.

Read the 2021-22 Mid-year Fiscal Update and Economic Statement (PDF, 1.6 MB).

Economic outlook

Alberta’s economic outlook is more positive than initially reported in the budget. Alberta’s economy (measured by real Gross Domestic Product, or GDP) is expected to grow by 6.1% in 2021 and many private sector forecasters expect Alberta to lead the nation in growth this year.

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Oilworkers walk towards a rig in a snowy field.

Revenue

Alberta’s revenue forecast has improved since the budget was introduced. Oil prices strengthened faster than expected, and economic growth is lowering unemployment and increasing exports.

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Expense

Alberta 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.

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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.

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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.

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Budget documents

Download detailed documents outlining the government's financial plans.

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Watch the news conference

Finance Minister Travis Toews provides details on Budget 2021.

Read the budget address

News