Budget 2024 is a responsible plan for a growing province. It maintains the government’s commitment to fiscal responsibility and efficient delivery of public services while focusing on Albertans’ priorities.

Budget 2024 includes funding to strengthen health care and education, support vulnerable Albertans, keep our communities safe, responsibly manage and develop our resources and grow Alberta’s economy.

Expense summary

Alberta’s government continues to apply a prudent and targeted approach to spending. Operating expense will increase by 3.9% in 2024-25 and rise at a modest pace averaging 2.2% over the next 2 years.

Table 1. Expense summary (millions of dollars)

Source: Treasury Board and Finance
Expense items2023-24
Operating expense:
- Health24,53325,11226,20726,86227,534
- Kindergarten to Grade 128,8368,8599,2529,4719,561
- Post-secondary5,7796,1166,3056,4716,598
- Seniors, Community and Social Services5,2525,2715,2295,3925,558
- Other ministries / Legislative Assembly12,63812,51813,13113,39913,547
Operating expense57,03857,87660,12461,59562,798
Capital grants2,8212,3753,4693,5763,863
Amortization / inventory consumption / loss on disposals4,4184,4194,5764,6954,720
- Debt servicing2,8483,1363,3653,1213,174
- Pension provisions(322)(358)(364)(373)(378)
Total expense68,30370,39473,17074,61476,176

More budget information

Find out what Budget 2024 means for you.

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A summary of Alberta's Budget 2024 economic forecast.

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Revenue projections from taxes, transfers, investment income and resources.

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