Thank you to everyone who attended my town hall last month with Ministers Schulz, Fir, Jones, and McIver for a discussion on Budget 2025. It was fantastic to see so many constituents actively engaged in these important conversations. If your question wasn’t addressed, please don’t hesitate to reach out to my office to schedule a call.
Budget
On Thursday, February 27, Alberta’s government introduced Budget 2025, along with a series of common-sense legislative proposals designed to enhance clarity, efficiency, and accountability. These measures aim to better address the challenges Albertans face.
Alberta’s government remains focused on keeping our province as the best place in Canada to live, work, and raise a family. This includes lowering taxes by 20% on the first $60,000 of income, saving individuals $750 and families $1,500 per year.
Budget 2025 includes a $5.2 billion deficit that reflects key challenges facing Alberta such as the U.S. tariff dispute, population growth, and public sector bargaining. Budgeted 2025-26 revenues are projected to decline by 8.1% or $6.6 billion year-over-year, primarily driven by a $4.4 billion drop in expected non-renewable resource revenues and a $2.3 billion decrease in investment income.
To support Alberta’s rapidly growing population, we are making historic investments in education and health care, with the largest budgets ever allocated to these critical sectors. Additionally, the budgeted contingency provision has been increased to $4 billion to manage potential cost pressures, respond to natural disasters, and accommodate upcoming public sector bargaining agreements with nurses, teachers, and other employees, as well as address potential tariff impacts.
For all those in the community celebrating, I would like to wish you and your family a happy Easter. If you have any questions or input, please feel free to reach out to my office at [email protected].
MLA – Calgary Fishcreek Myles McDougall
proudly serves the following Communities: Bonavista Downs, Deer Ridge, Deer Run, Diamond Cove, Lake Bonavista, Midnapore , Parkland, Queensland , Sundance
