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Highlights from Alberta budget 2021

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Highlights from Alberta budget 2021

Alberta’s United Conservative authorities tabled its budget Thursday. Listed below are just a few of the highlights:

No new taxes or tax will increase.

Early Newspaper

Deficit of $18.2 billion on estimated revenues of $43.7 billion.

Spending of $57.3 billion sooner than expenditures on COVID-19 and cancelled improper-by-rail contracts.

Spending on COVID-19 to be $1.1 billion. An additional $1.8 billion as needed.


Click to play video 'Alberta budget 2021: no new taxes or tax increases'



Alberta budget 2021: no new taxes or tax will increase


Alberta budget 2021: no new taxes or tax will increase

Taxpayer-supported debt of virtually $116 billion by March 2022.

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Annual debt ardour charges virtually $3 billion.

Capital spending to be $20.7 billion over three years.

Heritage Savings Belief Fund pegged to attain $16.7 billion.

Private profits tax to generate an estimated $11.6 billion.

Corporate profits tax estimated to be $1.9 billion.

Hashish tax to design abet in at $105 million.

Public sector compensation, excluding physicians, problem at $21.5 billion. To fall to $20.8 billion by 2024.


Click to play video 'Alberta Budget 2021:  Toews says public sector wage structure must be addressed'



Alberta Budget 2021: Toews says public sector wage structure ought to be addressed


Alberta Budget 2021: Toews says public sector wage structure ought to be addressed

Compensation for clinical doctors to live precise from $5.2 billion now to $5.3 billion by 2024.

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$3.1 billion to diversify economy and construct bigger aviation, tech, pharmaceutical and tourism sectors.

© 2021 The Canadian Press

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Highlights from Alberta budget 2021