Status: The Financial Statutes Amendment Act, 2022 received Royal Assent on April 21, 2022
Ministry responsible: Treasury Board and Finance
Overview
The Financial Statutes Amendment Act, 2022 (formerly Bill 2) supports fiscal responsibility with a focus on efficient use of Albertans’ tax dollars.
The bill implements parts of Budget 2022 that will make better use of public funds, improve cost certainty and eliminate financial risks.
Budget 2022 presented a balanced budget for the first time in over a decade. Measures in the bill further integrates financial responsibility across government operations to put Alberta in a stronger financial position and protect our valuable public services.
Key changes
The Financial Statutes Amendment Act, 2022 amends the following acts.
Next steps
The amendments to the acts will come into force on various dates.
News
- Budget bill supports fiscal responsibility (March 8, 2022)