Capital Plan

Key investments

• $7.2 billion over 3 years to support municipalities to build and create vibrant communities:
  • $2.4 billion in Local Government Fiscal Framework funding to help Alberta municipalities fund local infrastructure projects
  • $60 million for the new Local Growth and Sustainability Grant Program to help municipalities fund economic development and sustainable growth initiatives
  • $1.6 billion for light rail transit projects in Calgary and Edmonton, including $43 million in new funding for the Calgary Blue Line
• $955 million to improve major roadway corridors in Calgary and Edmonton
• $129 million to support ongoing work to twin Highway 11 between Rocky Mountain House and Sylvan Lake
• $2.1 billion to support 98 school projects, add modular classrooms and support charter and collegiate schools
• $55 million to upgrade facilities and equipment that support wildfire operations
• $810 million to advance the redevelopment and expansion of Red Deer Regional Hospital Centre
• $654 million to build and modernize continuing care facilities across the province
• $313 million for the Alberta Surgical Initiative to increase the number of surgical procedures performed annually
• $35 million for the EMS Vehicles Capital Program to purchase new EMS vehicles and ambulances and upgrade the existing fleet
• $328 million, consisting of $191 million provincial funding and a $137 million federal contribution, to develop recovery communities and children and youth mental health facilities
• $456 million for the Alberta Petrochemicals Incentive Program to support investments in Alberta’s petrochemicals sector
• $30 million for the Aboriginal Business Investment Fund to support business opportunities in Indigenous communities by helping fund start-up and expansion costs
• $405 million for the Affordable Housing Partnership Program to help build 13,000 new affordable housing units
• $539 million to expand and improve municipal water and wastewater infrastructure
• $251 million over 3 years in capital funding for flood and drought mitigation projects such as canals, dams, spillways and reservoirs
• $63 million for Olds College to renovate and expand student spaces in the W.J. Elliott Building
• $55 million to increase STEM programming capacity at the University of Calgary
• $26 million for the University of Lethbridge Rural Medical Teaching School
• $30 million for the new Community Recreation Centre Infrastructure Program to support the development of small and mid-sized recreation facilities

Capital funding at a glance

Chart 1: Capital funding envelopes