Budget 2022 moves Alberta forward by building health system capacity, getting more Albertans to work and putting forward a balanced budget for only the second time in 15 years.
The budget includes a new initiative called Alberta at Work, which will create pathways to success for all Albertans, no matter where they are on their career path.
Table 1. Expense (millions of dollars)
|Expense items||2021-22 Actual||2022-23 Estimate||2022-23 Forecast||Change from Budget|
|Operating expense by ministry:|
|- Kindergarten to Grade 12||7,846||8,390||8,442||52|
|- Social service ministries||7,410||7,820||7,825||5|
|- Other ministries||6,722||6,462||7,052||590|
|Operating expense (excl. COVID, Recovery Plan, Early Learning & Child Care, crude-by-rail)||48,560||50,134||50,772||638|
|Canada-Alberta ELCC Agreement||104||666||666||0|
|Capital grants (excl. COVID, Recovery Plan)||2,118||2,148||2,189||41|
|Amortization / inventory consumption (excl. COVID, loss on disposals)||3,620||4,057||4,011||(46)|
|- Debt servicing||2,641||2,662||2,684||22|
|- Pension provisions||(365)||(289)||(289)||0|
|Total expense (excl. COVID, Recovery Plan, contingency and CBR)||56,678||59,378||60,033||653|
|COVID / Recovery Plan: Operating expense||2,812||687||985||298|
|COVID / Recovery Plan: Capital grants, inventory consumption||949||281||314||33|
|Contingency: COVID/Recovery Plan||-||750||699||(51)|
|Contingency: Disaster and emergency assistance||3,076||1,000||700||(300)|
More budget information
Find out what Budget 2022 means for you.
A summary of Alberta's Budget 2022 economic forecast.
Revenue projections from taxes, transfers, investment income and resources.
Budget 2022 invests in the infrastructure families and communities need.