Highlights from Alberta Budget 2017

The 2017 Alberta budget was tabled by the NDP March 16, 2017.
The 2017 Alberta budget was tabled by the NDP March 16, 2017. THE CANADIAN PRESS/Jonathan Hayward

The Alberta government tabled a budget Thursday that banks on the province’s economy rebounding from recent hard times.

FULL COVERAGE: 2017 Alberta budget

Here are some of the highlights:

  • Revenue is forecast to hit $45 billion.
  • The deficit is pegged at $10.3 billion.
  • Tax revenue is forecast at $21.8 billion, up almost 6 per cent from year prior.
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  • Bitumen royalties are estimated at $2.5 billion while conventional oil royalties are pegged at $476 million.
  • Operational spending is growing by 2.2 per cent.
  • There is $4.5 billion earmarked over the next four years for infrastructure, including $100 million in new money to help First Nations get access to clean water.
  • A new hospital in Edmonton at a cost of $400 million.
  • A new continuing care centre in Calgary at a cost of $131 million.
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  • Red Deer is getting a new court house at a cost of $97 million.
  • There is $14.5 million in the budget to hire more Crown prosecutors and support staff.
  • Education funding hits $8.2 billion with money for 10 new schools and 16 more replacements and modernizations
  • There is $566 million over the next three years for a variety of programs to help lower energy bills, such as low-energy light bulbs.

READ MORE: Alberta budget 2017 – Winners and losers

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