fACT Sheet: 2025 Alberta Provincial Budget.

Introduction 

The 2025-26 Alberta budget, titled Meeting the Challenge, covers finances from April 1, 2025 until March 31, 2026. This is the seventh budget of the governing United Conservative Party (UCP) as they reach the midway point of their second term in government.

This budget is being released during a time of economic uncertainty and revenue volatility due to significant shifts in U.S. trade policy, fluctuating oil prices, and a growing population. The budget seeks to continue to build the province and support Albertans during a challenging time period.

In a bid to address the rising cost of living, Budget 2025 boasts that it will implement a new 8% personal income tax bracket for the first $60,000 of income, effective January 1, 2025. This is a decrease from the current rate of 10%. This new tax bracket is expected to save Albertans up to $750 in 2025.

As with previous budgets, Budget 2025 boasts low taxation, which limits important investments in public services that support Albertans. If Alberta had the same tax structure as the next lowest taxed province (British Columbia), the government would generate an additional $20.1 billion in revenue (2025-26).

This fACT Sheet will focus on developments related to social programming that impact those living in low-income and poverty. Investments that positively impact marginalized populations result in long-term savings in other public services, such as health care and the criminal justice system, and increase the overall well-being of our communities.