Premier Jason Kenney speaks to the media in Edmonton, Alberta, on Tuesday Oct. 22, 2019. THE CANADIAN PRESS/Amber Bracken

Premier Jason Kenney speaks to the media in Edmonton, Alberta, on Tuesday Oct. 22, 2019. THE CANADIAN PRESS/Amber Bracken

Alberta UCP government tables budget with cuts to civil servants, universities

The budget builds on the government’s flagship corporate tax cut

Alberta’s budget preserves health and education funding but takes a big stick to cities, civil servants and universities.

The first budget from the United Conservative government elected in the spring projects a deficit of $8.7 billion on $50 billion in revenue for 2019-20. Debt is projected to rise to $72 billion by next spring.

It sets to reduce overall program spending by 2.8 per cent over four years to balance the books by 2023, while delivering tax incentives and tax cuts to allow the private sector to grow an economy weighed down by sluggish oil and gas prices.

“It’s a good day for Alberta,” Finance Minister Travis Toews said prior to introducing the fiscal plan in the legislature Thursday.

“Our budget theme is getting Alberta back to work.”

The budget builds on the government’s flagship corporate tax cut that has already seen the rate drop to 11 per cent from 12 per cent. It’s to reach eight per cent by 2022.

The cut, along with expanded pipeline access expected from projects like the Trans Mountain expansion, is the foundation of the government’s plan to grow the economy while minimizing service cuts.

But Toews said if financial conditions worsen outside the province’s control, the government will break out the scissors.

The Canadian Press

Like us on Facebook and follow us on Twitter.

Get local stories you won't find anywhere else right to your inbox.
Sign up here

Just Posted

Alberta's chief medical officer of health Dr. Deena Hinshaw said province's test positivity rate for COVID-19 is steadily declining. (Photo by Chris Schwarz/Government of Alberta)
One new COVID-19 death in Red Deer, 257 additional cases province-wide

Red Deer sits at 459 active cases of the virus

File photo
Norris Beach Road Tender Approved

County of Wetaskiwin Council awarded the tender for Range Road 11 to Crow Enterprises Ltd.

Alberta Premier Jason Kenney said Thursday that the province may consider a regional approach to loosening COVID-19 restrictions if numbers continue to decline. (photo by Chris Schwarz/Government of Alberta)
Province further easing health restrictions

Numbers of people hospitalized and in intensive care has dropped dramatically, says premier

Government of Alberta COVID-19 Aggregate Data Map. Screen Grab/ https://www.alberta.ca/stats/covid-19-alberta-statistics.htm#geospatial
City of Wetaskiwin under 10 active cases; single active case in County

Active COVID-19 cases in the City and County of Wetaskiwin continue to drop.

File photo
Alberta’s central zone has 670 active cases

301 new cases identified Sunday

A health-care worker looks at a dose of the COVID-19 vaccine at the Palais de Congress site as Quebec begins mass vaccinations based on age across the province, Monday, March 1, 2021 in Montreal.THE CANADIAN PRESS/Ryan Remiorz
Nearly 1 million COVID-19 vaccine doses arriving in Canada this week: Anand

Anita Anand says she’s received assurances from the vaccine manufacturer

A locally-produced video project aims to preserve Canada’s railway history

‘Railways have been an integral part of Canadian history since 1836’

Ryan Jake Applegarth of Ponoka, 28, is scheduled to appear at Ponoka Provincial Court on March 12, 2021. (File photo)
Discussions about justice continue as Ponoka murder victim’s case proceeds

Reaction to comments Ponoka Staff Sgt. Chris Smiley made to town council last month

Dr. Stanley Read
Hometown Bashaw doctor recognized with alumni award for AIDS work

Dr. Stanley Read, born and raised in Bashaw, is considered a global health leader

A copy of the book “And to Think That I Saw It on Mulberry Street,” by Dr. Seuss, rests in a chair, Monday, March 1, 2021, in Walpole, Mass. Dr. Seuss Enterprises, the business that preserves and protects the author and illustrator’s legacy, announced on his birthday, Tuesday, March 2, 2021, that it would cease publication of several children’s titles including “And to Think That I Saw It on Mulberry Street” and “If I Ran the Zoo,” because of insensitive and racist imagery. (AP Photo/Steven Senne)
6 Dr. Seuss books won’t be published for racist images

Books affected include McElligot’s Pool, On Beyond Zebra!, Scrambled Eggs Super! and The Cat’s Quizzer

AstraZeneca’s vaccine ready for use at the vaccination centre in Apolda, Germany, Sunday, Feb. 28, 2021. THE CANADIAN PRESS/Michael Reichel/dpa via AP
National panel advises against using Oxford-AstraZeneca’s COVID-19 vaccine on seniors

NACI panel said vaccines from Pfizer and Moderna are preferred for seniors ‘due to suggested superior efficacy’

Shipping containers are seen at the Fairview Cove Container Terminal in Halifax on Friday, Aug. 25, 2017. THE CANADIAN PRESS/Andrew Vaughan
Canadian economy contracted 5.4 per cent in 2020, worst year on record

Drop was largely due to shutdowns in the spring as COVID began to spread

A ” Justice for Jeff” T-shirt. (Photo submitted)
Rally to be held outside Red Deer courthouse for slain Ponoka man

Sentencing for accused charged with manslaughter with a firearm set for March 4

THE CANADIAN PRESS/Jeff McIntosh
Time to check the mail: Every household to receive a Canada Post postcard this spring

Postcard can be mailed for free to any address in Canada

Most Read