Alberta budget set for February 28, with focus on funding for health, school development

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.

Read more:

Highlights of the Alberta Budget 2022

Read next:

Up to 500 people may march to Parliament Hill on ‘Freedom Convoy’ anniversary, security warns

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.

Story continues below Advertisement

Read more:

Alberta Budget 2022 projects bright economic future using ‘credible but cautious’ energy projections

Read next:

Are the Canadian Forces Ready for the Challenges Ahead? ‘No,’ says defense chief

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.

&copy 2023 The Canadian Press