25 October 2019

Alberta budget 2019-20 discussed

Alberta Finance Minister Travis Toews tabled the province’s fiscal 2019–20 budget on October 24. The budget contains several tax measures affecting individuals and corporations. The minister anticipates a deficit of $8.7b for 2019-20 and projects further deficits of $ 5.9b in 2020-21 and $2.6b in 2021-22. A surplus of $0.6b is projected in 2022-23.

A Tax Alert prepared by Ernst & Young Canada, and attached below, provides additional details.

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ATTACHMENT

Full text of Tax Alert 2019-1902

Document ID: 2019-1902