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Alberta budget 2020 winners and losers

Click to play video: 'Alberta budget 2020: Everything you need to know in 1 minute' Alberta budget 2020: Everything you need to know in 1 minute
WATCH ABOVE: The 2020 Alberta budget was tabled Thursday afternoon. Here is everything you need to know in less than one minute. – Feb 27, 2020

Alberta’s United Conservative government tabled its 2020-21 budget Thursday. Here is a look at who might be pleased and who won’t be so happy:

Winners

Techies: The province is investing $200 million to fund innovation and leverage partners in areas like artificial intelligence, machine learning, aviation, tourism and financial tech.

READ MORE: Highlights from Alberta budget 2020

Filmmakers: There will be $97 million over three years for an Alberta Film and Television Tax Credit to attract medium and large TV and film productions to Alberta.

Airlines: Alberta will enact regulatory changes to permit increased airline traffic and services with airlines that have a significant presence in the province, and will work with post-secondary schools to address a shortage of pilots.

READ MORE: Alberta Budget 2020: What does it mean for Edmonton?

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Tourists: Alberta is developing a 10-year tourism strategy with the goal of doubling tourism spending to $20 billion by 2030.

Losers

Vapers: A new 20 per cent tax is to be introduced on vaping devices and liquids to discourage youth.

Online renters: The four per cent tourism levy will be extended to online marketers, like Airbnb, to level the playing field with traditional rentals.

Click to play video: 'Notley says budget deficit ‘does not inspire confidence’' Notley says budget deficit ‘does not inspire confidence’
Notley says budget deficit ‘does not inspire confidence’ – Feb 27, 2020

Public sector workers: The government plans to hold the line on salary hikes for public sector workers, while continuing to reduce jobs, mainly through attrition.

READ MORE: Public sector supporters rally at Alberta legislature as provincial budget is tabled

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Fairs: Money for the Calgary Stampede and Edmonton’s Northlands, which hosts K-Days, drops to $9 million from $11.2 million.

Click to play video: 'A closer look at Alberta’s 2020 budget' A closer look at Alberta’s 2020 budget
A closer look at Alberta’s 2020 budget – Feb 27, 2020

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