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Old 04-07-2009, 03:51 PM   #1
LChoy
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Join Date: Feb 2007
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Default Alberta budget 2009

Haven't had time to look at it yet, but here it is

Quote:
Budget highlights:

  • $23.2 billion over three years to build health facilities, schools, and roads - includes funding for carbon capture and storage, and GreenTRIP.
  • 3.7-per-cent increase in operating spending to address population growth and inflation.
  • Priority areas of health, education, advanced education, seniors and children services account for 75 per cent of the operating increase.
  • Taxes remain lowest in Canada; tobacco tax increases and liquor markup is raised.
  • Forecast $36.4 billion in spending in 2009-10; $31.7 billion in revenue.
  • $4.7 billion deficit forecast for 2009-10; surplus forecast in 2012-13.
  • $2 billion in fiscal corrective actions to be taken in 2010 if situation does not improve beyond forecast.
  • New fiscal framework allows for transfers from Sustainability Fund to offset deficits.
  • $4.7 Billion Deficit
http://alberta.ca/acn/200904/2566682130AB8-0A89-15BD-C8BD5275D7430706.html


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Last edited by LChoy; 04-07-2009 at 04:09 PM.
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