We have released our annual analysis of the Government of Alberta’s 2014 Budget.
Budget 2014 covers the time period from April 1, 2014 to March 31, 2015 (2014-15) fiscal year (FY). Budget 2014 estimates an operational surplus of $2.6 billion, and a consolidated surplus of $1.1 billion when capital spending and net savings are included. The government’s revenue picture has brightened considerably since last year’s budget due to higher than expected energy prices and a lower Canadian dollar. As a result, operational spending will increase next year though by less than inflation and population growth. In this fACT sheet, next year refers to the 2014-15 FY and this year refers to the current 2013-14 FY.