Budget 2023 secures Alberta's future by continuing to prioritize fiscal responsibility and living within our means. A new fiscal framework, including balanced budget legislation, helps government make spending decisions that support long-term sustainability of the government programs and services that are important to Albertans.
The government’s latest budget update is now available online. Read the 2023-24 Mid-year Fiscal Update and Economic Statement (PDF, 1 MB).
Table 1. Expense summary (millions of dollars)
|2024-25 Target||2025-26 Target|
|- Kindergarten to Grade 12||8,329||8,836||8,866||30||9,036||9,162|
|- Seniors, Community and Social Services||4,816||5,252||5,183||(69)||5,159||5,335|
|- Other ministries / Legislative Assembly||12,438||12,638||12,647||8||12,784||12,724|
|Amortization / inventory consumption / loss on disposals||4,090||4,418||4,418||-||4,481||4,531|
|- Debt servicing||2,829||2,848||3,157||309||3,253||3,398|
|- Pension provisions||(21)||(322)||(341)||(19)||(358)||(370)|
|Disaster and emergency assistance||1,319||-||1,229||1,229|
More budget information
Find out what Budget 2023 means for you.
A summary of Alberta's Budget 2023 economic forecast.
Revenue projections from taxes, transfers, investment income and resources.
Budget 2023 invests in the infrastructure families and communities need.