The declaration means nothing other than the province proving that the Catholic system is still warranted. All funding for K-12 in Alberta is done per student or CEU (Credit Equivalent Unit) and is the exact same amount regardless of system or District. Charter and private schools are the only exception as they receive a lower rate (70% I believe).
Other than that, everything Minnie said is correct. I would also suggest that you register early (as soon as registration opens) as it is a first come first served system and both Districts are nearing capacity in many of their schools - especially those in the 'burbs.
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