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February 25, 2022

Alberta budget 202223 discussed

Alberta Finance Minister Travis Toews tabled the province's fiscal 2022-23 budget on February 24. The budget contains no new taxes and no income tax increases. The minister anticipates a surplus of $0.5b for 2022-23 and projects further surpluses of $0.9b for 2023-24 and $0.7b for 2024-25.

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


Full text of Tax Alert