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Feb 25, 2021 Budget 2021 Capital Plan: Creating 90,000 new jobs | Plan d’immobilisation 2021 : Créer 90 000 nouveaux emplois en Alberta Budget 2021’s Capital Plan invests almost $21 billion over three years to boost Alberta’s economy and create 90,000 new jobs. Some parts of this page will not display. JavaScript is not available in this browser or may be turned off. The 2021 Capital Plan invests $20.7 billion over three years. This is an increase of $1.7 billion in 2021-22 from Budget 2020, reflecting the government’s commitment to getting shovel-ready projects off the ground and Albertans back to work in good-paying jobs. The plan will support more than 50,000 direct and 40,000 indirect jobs through to 2024. This includes new funding for 41 projects totalling $825.8 million over three years, including:
Budget 2021: Preparing for recovery | Budget 2021 : Préparer la relance Budget 2021 prepares Alberta for a strong economic recovery with investments to diversify the post-pandemic economy. Some parts of this page will not display. JavaScript is not available in this browser or may be turned off. Budget 2021 invests $1.5 billion in Alberta’s Recovery Plan, building on the province’s existing strengths in energy, agriculture and forestry while encouraging diversification in emerging sectors like technology and innovation, and pharmaceuticals and life sciences. It also sets aside $500 million in contingency in 2021-22 to assist with economic recovery and invests $20.7 billion in infrastructure spending that will support 90,000 jobs over the next three years.
Feb 25, 2021 Budget 2021: Economic growth fuels Alberta’s recovery | Budget 2021 : La croissance économique énergisera la relance de l'Alberta Budget 2021 outlines how Alberta’s government is making strategic investments in natural resources and the environment to prepare for economic recovery and create good jobs for thousands of Albertans. Some parts of this page will not display. JavaScript is not available in this browser or may be turned off. Agriculture and Forestry Alberta’s government has set a target to attract $1.4 billion in investment, which will create more than 2,000 jobs in emerging sectors like hemp, agri-technology and value-added processing. The Government of Alberta is also contributing $245 million to an $815-million investment, in partnership with the Canada Infrastructure Bank and Alberta irrigation districts, to modernize irrigation district infrastructure to drive the expansion of Alberta’s irrigated land base.
Protecting Albertans from COVID-19 continues to be the government’s top priority and Budget 2021 includes $1.25 billion specifically to fight the pandemic.
Feb 25, 2021 Budget 2021: Investing in schools and skilled workers | Budget 2021 : Investir dans les écoles et les travailleurs qualifiés In Budget 2021, Alberta’s government will continue to provide steady funding for kindergarten to Grade 12 education and will implement performance-based funding for post-secondary institutions. Some parts of this page will not display. JavaScript is not available in this browser or may be turned off. Kindergarten to Grade 12 Budget 2021 maintains funding for kindergarten to Grade 12 education, despite lower than expected enrolment. This decision reflects a commitment to maintain Alberta’s strong education system and give students the skills and knowledge they need to be successful.
Budget 2021’s careful approach to spending and strong fiscal anchors will mean more investment in priority areas like health care and economic recovery.
Budget 2021: Maintaining support for the vulnerable | Budget 2021 : Continuer de soutenir les Albertains et Albertaines vulnérables Budget 2021 continues to provide critical social supports for children, families, seniors and vulnerable Albertans to help them through the COVID-19 pandemic. Some parts of this page will not display. JavaScript is not available in this browser or may be turned off. Children’s Services The safety and well-being of children, youth and families remains a top priority. Budget 2021 includes a $56-million increase for a total of $345 million to the Alberta Child and Family Benefit, a cash payment that helps low-income parents. Budget 2021 also provides a $15-million increase to support at-risk children and families, excluding COVID-19 spending in 2020-21.
Budget 2021 address Read the speech delivered by Finance Minister Travis Toews to introduce the provincial government's 2021 budget. Some parts of this page will not display. JavaScript is not available in this browser or may be turned off. Check against delivery Mr. Speaker, I rise today to present Budget 2021 to this House. It is a budget that is focused on what matters most today – on health care and on jobs. Today marks the first in a series of one-year anniversaries for Alberta that are unlike any other in this province’s history. Today, and in the weeks and months to come, we will pass the one-year mark of unprecedented events that have shaken our province, our country, and the world – and continue to test our collective resolve.
Feb 25, 2021 Budget 2021: Protecting lives and livelihoods | Budget 2021 : Protéger la vie et le gagne-pain des Albertains et Albertaines Budget 2021 protects Albertans’ lives and livelihoods with a significant investment in health care while positioning the province for economic recovery with a continued focus on the efficient delivery of government services. Some parts of this page will not display. JavaScript is not available in this browser or may be turned off. Historic investment in health care Budget 2021 will set aside a $1.25-billion contingency to fight COVID-19. Almost $900 million will be added to Health’s base budget to reduce surgical wait times, increase continuing care, and home care capacity.
President of Treasury Board and Minister of Finance Travis Toews issued the following statement on the agreement between nurses and Alberta Health Services to provide additional COVID-related supports and delay bargaining until March 31, 2021: