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Stories Tagged - Alberta Budget
News
Oct. 27, 2015 | CREBNow
Alberta's NDP tables record $6.1-billion deficit
Real estate group applauds exclusion of land transfer tax
The Alberta NDP plan to run a $6.1-billion deficit in 2015-2016, the largest in more than two decades, fueled primarily by increased infrastructure spending and the province's contracting economy.
In its provincial budget, released Tuesday, Finance Minister Joe Ceci also announced plans to borrow $712 million next year, which ends a nearly 20-year run of debt-free operations.
"This is the right budget for the right time," said Ceci, noting the party promises a return to balance by 2019-20.
The Alberta NDP plan to run a $6.1-billion deficit in 2015-2016, the largest in more than two decades, fueled primarily by increased infrastructure spending and the province's contracting economy.
In its provincial budget, released Tuesday, Finance Minister Joe Ceci also announced plans to borrow $712 million next year, which ends a nearly 20-year run of debt-free operations.
"This is the right budget for the right time," said Ceci, noting the party promises a return to balance by 2019-20.
News
April 01, 2015 | CREBNow
5 things: Alberta Budget
On March 26, Alberta Finance Minister Robin Campbell addressed the province on the 2015/16 budget for Alberta.
After spending $1,300 more per capita, compared to the national average, on programs and services last year, changes to spending outlined in the current budget will narrow that margin over the next three to four years.
"We have told Albertans that tough decisions would be needed and budget 2015 reflects a balanced approach that will see us return to surpluses within three years," said Premier Jim Prentice.
After spending $1,300 more per capita, compared to the national average, on programs and services last year, changes to spending outlined in the current budget will narrow that margin over the next three to four years.
"We have told Albertans that tough decisions would be needed and budget 2015 reflects a balanced approach that will see us return to surpluses within three years," said Premier Jim Prentice.
News
March 19, 2014 | CREBNow
Test Your Knowledge: 2014 Alberta Budget
Explaining Alberta's plans for the fiscal year that runs from April to March, the provincial government released their 2014 budget last week. Including all incoming and outgoing provincial expenditures, the budget consists of the Operational Plan (programs and services for Albertans - this plan includes revenue and expenses), the Capital Plan (infrastructure, such as public buildings and roads) and the Savings Plan (short- and long-term savings for Alberta's future). In order to test how much Calgarians know about how the province spends their money, CREB®Now has compiled the following list of questions.
