26 February 2021

Alberta budget 2021-22 discussed

Alberta Finance Minister Travis Toews tabled the province's fiscal 2021-22 budget on February 25. The budget contains no new taxes and no tax increases. The minister anticipates a deficit of $18.2b for 2021-22 and projects further deficits of $11.0b for 2022-23 and $8.0b for 2023-24.

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

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ATTACHMENT

Full text of Tax Alert

Document ID: 2021-0433