Latest news releases
Budget 2015 to be released March 26
Posted March 5, 2015
Third quarter results show a decline in energy revenue
February 24, 2015
Alberta is expected to avoid a deficit in 2014-15 with significant financial challenges on the horizon.
In the third quarter update, the total non-renewable resource revenue forecast is down $503 million from budget, mainly due to plummeting oil prices. Bitumen royalties have taken the biggest hit, and are expected to drop $644 million from budget to year end, with other revenue streams showing slight increases. More information.
Government seeks input on Budget 2015 (posted February 5, 2015)
Albertans can tell government how to address the $7 billion challenge facing Budget 2015. Read the news release. The survey closed on February 28 at 6 p.m.
Government is taking action to reduce expenses and create a long-term sustainable fiscal plan ahead of the release of Budget 2015
January 20, 2015
Actions include containing costs for the remainder of the current fiscal year. This includes restraining spending on discretionary grants, travel and training as well as hiring. More information.
Alberta takes action to control spending
December 15, 2014
Cost containment measures taken immediately, and new committee lays foundation for Budget 2015. Read the news release.
Finance Minister’s meeting with chief economists
December 5, 2014
Alberta’s savings plan to be more transparent
December 3, 2014
New legislation to simplify Alberta’s savings plan demonstrates the Alberta government’s commitment to sound, conservative fiscal principles. More information.
Latest website updates
New Corporate Tax Special Notice: Qualifying Environmental Trust (QET) Tax and Tax Credit
March 3, 2015
The following Special Notice explains the purpose of the Alberta qualifying environmental trust, payment and filing requirements of the QET tax, the process for claiming the tax credit and the manner in which it will be applied by Tax and Revenue Administration. Click here for Special Notice Vol. 5 No. 41, Administration of the Qualifying Environmental Trust Tax and Alberta QET Tax Credit.
Economic information update
February 27, 2015
Economic Trends - February 2015
February 26, 2015
The monthly Economic Trends publication contains timely analysis of current trends in Alberta’s economy. Click here for Economic Trends (February 2015), including the “In Focus” section: The current oil price shock in historical context. These documents are available in the Economy & Statistics section of this website.
Alberta Scientific Research and Experimental Development Tax Credit information circular updated
February 18, 2015
Information Circular SRED-1R2, Alberta Scientific Research and Experimental Development (SR&ED) Tax Credit, has been updated.
Labour Market Notes - February 2015
February 6, 2015
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 (February 2015), including the “Labour Insight” section: Explaining The Labour Force Survey Revisions. These documents are available in the Economy & Statistics section.