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Check the menu to your right for the latest news at Alberta Finance and Enterprise, or go to our News Releases index.

Economic information update
November 6, 2009

Included is the Economic Review, which contains a current economic commentary and statistics on the overall economy, labour market, price indices, household sector and business sector.   The Economic Review also includes current economic indicators.  This information is updated weekly, usually by Friday afternoon.  Go to our Alberta Economy page.

Insurance Document Updates
November 3, 2009

Alberta Personal Income Tax Calculator updated for 2009 tax year
October 26, 2009

The Alberta Personal Income Tax Calculator has been updated for the 2009 tax year.

Tobacco Tax information circulars updated
October 23, 2009

  • TTA-1R4 - Overview of Tobacco Tax
  • TTA-2R3 - Offences, Penalties and Enforcement
  • TTA-4R5 - Licensing, Reporting and Remitting
  • TTA-8R2 - Alberta Tobacco Tax Rates

Insurance Document Updates
October 22, 2009

New Alberta Capital Bonds
October 19, 2009

Alberta Capital Bonds will be offered for sale in February 2010. Click here for more information about the new Alberta Capital Bonds, as well as the matured issues of Alberta Savings Certificates and the original Alberta Capital Bonds.

October is Investor Education Month
October 6, 2009

October is Investor Education Month.  In support of the Canadian Securities Administrators (CSA) and their ongoing investor education and fraud prevention initiatives for investors, we would like to encourage you to visit their website, www.securities-administrators.ca. 

In addition to their existing brochures and online tools for investors, you will also find a new interactive money mentoring program, Make It Count, designed for parents and teachers to use for teaching kids about money management.  The latest results of the CSA Investor Index will also be posted with results from their national research conducted to better understand Canadians’ knowledge about investments and experience with fraudulent attempts.

Insurance Document Updates
October 2, 2009

Tax and Revenue Administration's Tax Notes E-newsletter
October 1, 2009

The October 2009 issue of Tax Notes, Tax and Revenue Administration's e-newsletter, has been released. Click here for more information, including how to subscribe.

2008-09 Alberta Finance and Enterprise and Ministry Annual Reports released
September 30, 2009

See the links below for:

Alberta Population Report for 2nd Quarter of 2009
September 29, 2009

The Alberta Population Report for the 2nd quarter of 2009 has been released and is available on the Demographic Quarterlies page.

Pension Document Update
September 29, 2009

The Superintendent's List of Financial Institutions offering Locked-in Pension Products has been updated.

Council of Ministers responsible for Securities Regulation - Communiqué and New Interim Chair
September 28, 2009

A communiqué has been released by the Provincial-Territorial Council of Ministers responsible for Securities Regulation:  New registration regime and expanded passport system in effect September 28, 2009.

Also, the Honourable Iris Evans, Minister of Finance and Enterprise, is the new Interim Chair - see letter to the Council.

For more information please visit the Council of Ministers website.

Insurance Document Updates
September 24, 2009

IFTA Fuel Tax Rate Chart for 3rd Quarter
September 22, 2009

The International Fuel Tax Agreement (IFTA) Tax Rate Chart for the 3rd Quarter of 2009 is now available on the IFTA Forms page.

Albertans invited to learn about the progress of their Heritage Fund on September 24
September 16, 2009

Calgary... "The Alberta Heritage Savings Trust Fund is a valuable asset and a unique Alberta legacy,” said Heather Forsyth, chair of the Standing Committee on the Alberta Heritage Savings Trust Fund.  "I invite Albertans to attend the committee’s public meeting in Calgary to find out about the progress of their fund."

  • When: Thursday, September 24, 2009, 7 p.m.
  • Where: Carriage House Inn - Victoria Room
    9030 Macleod Trail South, Calgary, AB
  • Hotel map

Those unable to attend the meeting are invited to visit the committee website to access the audio and transcript of the proceedings following the meeting.  View the complete news release.

Demographic Spotlight
September 16, 2009

A new Demographic Spotlight entitled Interprovincial Migration Patterns in Alberta has been added to the Demographic Spotlights page.

Insurance Document Update
September 11, 2009

Insurance Document Updates
September 3, 2009

Economic Spotlight: Demographic Trends and Alberta's Housing Market
September 3, 2009

An Economic Spotlight entitled "Demographic Trends and Alberta's Housing Market" has been added to the Economic Developments and Analysis page.

Economic Spotlights: Canadian Financial Conditions Improving and Update on Alberta's Housing Market
September 1, 2009

Economic Spotlights entitled "Canadian Financial Conditions Improving" and "Update on Alberta's Housing Market" have been added to the Economic Developments and Analysis page.

Lower natural gas prices drive deficit higher
August 26, 2009

Province to further reduce costs of government, offset shortfall by withdrawal from Sustainability Fund

First Quarter Fiscal Highlights

  • Revenue for 2009-10 is forecast at $29.6 billion, a decrease of $2.1 billion from budget
  • Expense for 2009-10 is forecast at $36.4 billion, an increase of $72 million from budget; the increase is mainly for disaster and emergency funding
  • Deficit for 2009-10 is forecast at $6.9 billion, an increase of $2.2 billion from budget
  • Cost savings target doubled from $215 million to $430 million

Edmonton...The Alberta government will further reduce the cost of government, while still providing the services Albertans need, in order to deal with a larger-than-forecast deficit.

Finance and Enterprise Minister Iris Evans released the province’s 2009-10 First Quarter Fiscal Update, showing a deficit $2.2 billion higher than forecast in Budget 2009. The increase in the deficit is due mainly to weaker-than-forecast natural gas prices, a higher Canadian dollar and other declining revenue. Alberta’s deficit is now forecast to be $6.9 billion for 2009-10.  Go to:

Media Notice:   2009-10 First Quarter Fiscal and Alberta Heritage Savings Trust Fund updates (to be released August 26)

Edmonton... Finance and Enterprise Minister Iris Evans will hold a media availability in Edmonton on Wednesday, August 26, to provide details of the Alberta government’s 2009-10 First Quarter and Alberta Heritage Savings Trust Fund updates.  View the complete Media Notice.

Insurance Document Update
August 25, 2009

Financial Data for Alberta Incorporated Insurance Companies
August 18, 2009

Financial Data for Alberta Incorporated Insurance Companies - 2nd Quarter of 2009 added.

Tax and Revenue Administration Information Circular removed
August 12, 2009

CT-12, Advance Alberta Corporate Income Tax Rulings has been removed from the website as this service is no longer available.

What to do after an Auto Collision?
August 7, 2009

No one plans to be in an auto collision. However, in the event that you are a motorist in a collision, it is important to know what steps to take to ensure your safety and the safety of others. You have legal obligations as well as rights. To find out more about what to do after an auto collision, and to download a printable brochure and worksheet to store in your vehicle, click here.

Pension Document Updates
August 5, 2009

The following Pension Policy Bulletins have been updated and area available on the Pension Policy Bulletins page.

Alberta Population Pyramid, 1921-2008
July 30, 2009

An Alberta Population Pyramid has been added to the Alberta Economy section of this website. The population pyramid animates changes in the age distribution of the Alberta population from 1921 to 2008.

Mandatory auto insurance premiums to decrease by five per cent effective November 1, 2009
July 29, 2009

Edmonton... The Automobile Insurance Rate Board (AIRB) is directing insurers to reduce premiums for basic auto insurance by five per cent, effective November 1, 2009.

The decrease is mainly a reflection of the Alberta Court of Appeal’s decision to uphold the province’s Minor Injury Regulation, which restores the cap on the amount an individual can claim for minor soft-tissue injuries.  The AIRB also took into account expected claims and administrative costs for insurance companies, as well as declining investment rates and increasing claims costs. 

Tax and Revenue Administration - New Special Notices
July 27, 2009

The following new special notices highlight legislative changes made as noted:

Propane Distributors Information Circular updated
July 23, 2009

Information Circular LPG-2, Propane Distributors Reporting and Remitting Requirements, has been updated to emphasize that propane distributors need to file "nil" returns.  It also reminds propane distributors that interest and penalties may be charged if returns ("nil" or otherwise) and remittances are late or if taxes paid are insufficient.

This Information Circular is available on the Fuel Tax Publications and Forms page (Liquid Petroleum Gas - LPG series).

New Superintendent of Insurance Bulletins
July 21, 2009

The Superintendent of Insurance has released the following Bulletins:

Tobacco Tax Forms Updated
July 17, 2009

The following forms have been updated and are available on the Tobacco Tax Forms index:

  • AT300 - Tobacco Tax Return
  • AT311 - Tax Memo Purchases - Schedule A
  • AT301 - Non-Tax Memo Purchases - Schedule B
  • AT304 - Non-Taxable Tobacco Sales Summary - Schedule C

Current Career Opportunities
July 15, 2009

View the career opportunities currently available.

Insurance Document Update
July 10, 2009

Government, ATB Financial work together to benefit Albertans during tough economic times
July 7, 2009

Expanded lending capacity means more credit available to loan to Alberta businesses

Edmonton... Recent changes approved by the Alberta government will enable ATB Financial to increase its capacity to lend to Alberta businesses in the midst of a tight credit market.

The changes, which allow ATB to grow its lending capacity over time by up to $15 billion, come when businesses are hurting due to the lingering effects of the credit chill brought on by the global economic crisis.  [Complete news release]

Economic Spotlight: Wage Growth during the Boom
July 3, 2009

An Economic Spotlight entitled "Consumer Bankruptcy" has been added to the Economic Developments and Analysis page.

Insurance Amendment Act Regulations - Public Consultation
July 2, 2009

The Insurance Amendment Act, 2008, dealing with the legislative provisions related to the various types of insurance contracts, was passed by the Alberta Legislature in the fall of 2008.

Prior to bringing into force the sections of the Insurance Amendment Act, 2008 that have not yet been proclaimed, several existing regulations need to be revised.  In addition, many sections of the Insurance Amendment Act, 2008 provide for new regulation making-authorities.  We want your input on whether or not the following proposals will help to maintain the balance between improving consumer protections, transparency and fairness, with a regulatory climate that supports Alberta’s economy.

The consultation period has now ended. We thank all respondents for their feedback on the consultation paper. All written submissions will be posted on the website at a later date. Please contact the Office of the Superintendent of Insurance with any questions or comments:  Toll free by dialing 310-0000 then 780-427-8322, or by e-mail at Insurance@gov.ab.ca.

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Page last updated:  November 6, 2009