Latest news releases
Surplus rises, borrowing decreases with first quarter results
August 27, 2014
Alberta’s first quarter results means reduced borrowing for infrastructure by almost $3 billion and an increased operational surplus. Alberta’s economy is also expected to grow more than originally forecast, with more jobs, more business activity and more people coming to Alberta. More information.
Telling Alberta’s story through numbers - 2014 Official Statistics provide interesting insights into life in Alberta
August 21, 2014
You might be aware that Alberta is the fastest growing province in Canada, but did you know the average weekly earnings in Alberta are more than 20 per cent higher than the national average? And did you know that Albertans are big on volunteering? More than 80 per cent of Albertans do some kind of volunteer work. These are just a few of the interesting facts you’ll find in the 2014 Alberta Official Statistics. Read the news release.
Alberta begins implementing Auditor General recommendations
August 19, 2014
As part of the commitment to report regularly on the implementation of the Auditor General’s recommendations, the province released a status report of actions taken since the special duty report on August 7. Read news release.
Employment Pension Plans Act (2012) takes effect September 1
posted July 23, 2014
The Employment Pension Plans Act (EPPA) provides more flexibility to private sector pension plans, improves their long-term stability and encourages the establishment of new plans. Read the news release and three related EPPA Updates.
President of Treasury Board and Minister of Finance Doug Horner has issued a statement in response to the announcement that Saskatchewan and New Brunswick have agreed to the join the Cooperative Capital Markets Regulatory System proposed by Ottawa. Click here for the Minister's Statement.
The Government of Alberta ended its fiscal year on a positive note with a strong balance sheet after months of uncertainty from volatile oil prices and the June 2013 flooding in southern Alberta.
The province achieved a $2.5 billion operational surplus and a full fiscal plan surplus of $755 million.
- Read complete news release.
- 2013-14 Government of Alberta Annual Report web page with video and presentation
- 2013-14 Ministry Annual Reports
Record income for Alberta’s Heritage Fund
June 24, 2014
Alberta’s savings got a boost as the Heritage Fund earned $2.1 billion in 2013-14. Strong equity markets helped push the Heritage Fund to an all-time earnings record. On a percentage basis, the fund posted a 16 per cent return, the third highest since the fund was created in 1976. As of March 31, 2014, the fund was worth $17.5 billion on a fair value basis.
Horner promotes Alberta to overseas investors
May 15, 2014
Doug Horner, President of Treasury Board and Minister of Finance, will visit Europe to grow economic opportunities in the province by promoting investment and Budget 2014. Read the news release.
President of Treasury Board and Minister of Finance Doug Horner issued the following statement regarding the amendments to refer Bill 9, the Public Sector Pension Plans Amendment Act, and Bill 10, the Employment Pension (Private Sector) Plans Amendment Act to an all-party committee.
- Minister Horner's statement
- Bill 9, Public Sector Pension Plans Amendment Act, 2014
- Bill 10, Employment Pension (Private Sector) Plans Amendment Act, 2014
- Listen to audio clip on SoundCloud (25 minutes), or use the player below: Minister of Finance and President of Treasury Board Doug Horner and AUPE President Guy Smith discuss pension sustainability and rebuilding the relationship between the Alberta government and AUPE.
Latest website updates
Economic information update
August 22, 2014
Financial data for Alberta incorporated insurance companies
August 18, 2014
Click here for 2014 Second Quarter information.
Labour Market Notes - August 2014
August 8, 2014
Labour Market Notes contains timely analysis of the latest labour market data for Alberta and is released the same day as Statistics Canada’s Labour Force Survey. Click here for Labour Market Notes (August 2014), including the “Labour Insight” section: A useful gauge of labour market conditions. These documents are available in the Economy & Statistics section.
Economic Trends - July 2014
July 31, 2014
The monthly Economic Trends publication contains timely analysis of current trends in Alberta’s economy. Click here for Economic Trends (July 2014), including the “In Focus” section: Alberta's recent productivity performance. These documents are available in the Economy & Statistics section of this website.
Alberta Population Pyramid updated
July 29, 2014
The Alberta population pyramid animates the changes in the age distribution of Alberta’s population over the period of 1921 to 2013.
Labour Market Notes - July 2014
July 11, 2014
Labour Market Notes contains timely analysis of the latest labour market data for Alberta and is released the same day as Statistics Canada’s Labour Force Survey. Click here for Labour Market Notes (July 2014), including the “Labour Insight” section: How do hours worked affect earnings growth? These documents are available in the Economy & Statistics section.
Population projections (2014 - 2041) by single year of age and sex have been developed based on the component method. Click here for more information.
Click here for Superintendent of Insurance Interpretation Bulletin 05-2014 - Home Warranty Insurance Regulation - Superintendent's Interpretation of Section 6(i), which has been added to the Bulletins page.
Click here for Superintendent of Insurance Interpretation Bulletin 04-2014 - Electronic Declarations, which has been added to the Bulletins page.
Changes to the Insurance Act
effective July 1, 2014 (posted June 30)
Bill 39 – the Enhancing Consumer Protection in Auto Insurance Act – amends the Insurance Act. It was proclaimed (except sections 3, 5 and 28) into force on July 1, 2014.
- Changes to the Insurance Act effective July 1, 2014
- Information about the associated renewed Automobile Insurance Premiums Regulation and renewed Diagnostic and Treatment Protocols Regulation.
Economic Trends - June 2014
June 27, 2014
The monthly Economic Trends publication contains timely analysis of current trends in Alberta’s economy. Click here for Economic Trends (June 2014), including the “In Focus” section: Why do Alberta households spend more? These documents are available in the Economy & Statistics section of this website.
IFTA Fuel Tax Rate
Chart for 2nd Quarter of 2014
June 27, 2014
The International Fuel Tax Agreement (IFTA) Tax Rate Chart for the 2nd Quarter of 2014 is now available on the IFTA Forms page.
Electronic submission of tobacco tax memos
June 25, 2014
After July 1, 2014, tobacco tax memo suppliers with Tax and Revenue Administration Client Self-Service (TRACS) accounts will be able to submit tobacco tax memos electronically, formatted to Tax and Revenue Administration standards. See Tobacco Tax Publications for tobacco tax memo file format and processing instructions and forms. See TRACS for information about registering for a TRACS account.
Insurance Information for Albertans affected by Flood
June 20, 2014
Click here for Insurance Information for Albertans affected by Flood, including tips on what to do before and after a flood, overland flooding, vehicle damage, claims, resources from the Insurance Bureau of Canada, the Disaster Recovery Program, and an update on the "Overland Flood Insurance Coverage" offered by Beaufort Insurance Services.