Alberta Finance Minister travis toews says the 2023 budget will be delivered on February 28, the first day of the spring legislature meeting.
Toews says it will focus on investing in health care and funding school enrollment growth.
This is expected to be the last budget before voters go to the polls for the May 29 general election.
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Alberta’s fortunes have been driven primarily by energy revenues and further diversification of its economy, as the global economy begins to rebound from the COVID-19 pandemic.
Last fall, Toews announced the current budget year, which ends in late March, is expected to record a $12.3-billion surplus.
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This surplus also comes with $2.8 billion over the next three years to cover a batch of programs that fight inflation and protect Albertans, especially families, seniors and vulnerable people, from higher costs.
Toews says that while energy prices remain volatile, they are likely to remain firm.
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