Fiscal Plan 2026–29

Alberta Budget2026 Analysis

Independent, comprehensive budget analysis. Sector breakdowns, audience-tailored summaries, and stakeholder intelligence — all in one place.

Browse sectors What it means for you

Budget at a GlanceFull analysis

Deficit

$5.2 billion

From $5.8B surplus

Total Revenue

$74.1 billion

-$6.6B from 2024-25

Total Expense

$79.3 billion

+$4.4B from 2024-25

Tax Cut Savings

Up to $750/person

New 8% bracket

Capital Plan

$26.1 billion

+$1.1B from Budget 2024

Presented by

Shift Media Strategies|New West Public Affairs

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Analysis

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Alberta Budget 2025: Fiscal Deep Dive

In-depth fiscal analysis of Alberta Budget 2025 covering revenue assumptions, expenditure drivers, the $5.2B deficit trajectory, and debt outlook through 2027-28.

Revenue Decline

-$6.6 billion

oil-and-gasfiscal-policy

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Alberta Budget 2025: Top 10 Highlights

The 10 most impactful measures in Alberta Budget 2025, from the $5.2 billion deficit and new 8% tax bracket to health system refocus and $26.1B capital plan.

Deficit

$5.2 billion

oil-and-gashealthcareeducation-k12

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Alberta Budget 2025: Overview and Key Takeaways

Alberta Budget 2025 projects a $5.2 billion deficit as oil revenue drops $4B and the province braces for U.S. tariffs. Full overview of revenue, spending, and key measures.

Deficit

$5.2 billion

oil-and-gashealthcareeducation-k12

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Sectors

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Budget 2025: What It Means for Agriculture

Alberta Budget 2025 allocates $860M operating for agriculture with $250M capital plan focused on irrigation, as tariffs threaten crop and cattle exports.

Agriculture operating expense

$860M

agriculture

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Budget 2025: What It Means for Data Centres

Alberta Budget 2025 backs data centres with $698M Technology and Innovation capital plan and AI Data Centre Strategy, but lacks dedicated funding.

Technology and Innovation capital plan

$698M over 3 years

data-centres

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Budget 2025: What It Means for Education (K-12)

Alberta Budget 2025 boosts K-12 education spending by 4.5% to $9.9B, commits $814M for enrolment growth, and invests $3.3B in school construction.

Education Operating Expense

$9,883M

education-k12

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Budget 2025: What It Means for Electricity / Power Grid

Alberta Budget 2025 increases Affordability and Utilities spending to $168M, up 27%, with grid modernization and Rate of Last Resort rollout.

Affordability and Utilities total expense

$168M

electricity-power-grid

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Budget 2025: What It Means for Environment / Water

Alberta Budget 2025 invests over $700M in water infrastructure, $646M in TIER clean tech, and $75M in flood/drought mitigation across ministries.

Environment Operating

$514M

environment-water

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Budget 2025: What It Means for Forestry

Alberta Budget 2025 normalizes forestry spending to $403M after $1.1B wildfire year, with $293M capital plan for parks and wildfire readiness.

Forestry and Parks operating expense

$362M

forestry

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For You

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Budget 2025: What It Means for Calgary Residents

Alberta Budget 2025 invests $125M in UofC hub, $30M for SAIT, $26M Arts Commons, $25M cancer centre, and funds LRT and SCAP schools for Calgary residents.

University of Calgary Sciences Hub

$125M

educationhealth careinfrastructure

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Budget 2025: What It Means for Data Centre Developers

Alberta Budget 2025 invests $834M in Technology and Innovation, supports energy infrastructure, and maintains the lowest corporate tax rate for data centre operators.

Technology and Innovation budget

$834M operating

technologyenergyinfrastructure

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Budget 2025: What It Means for Edmonton Residents

Alberta Budget 2025 invests $110M in MacEwan, $100M UofA BioSci, $41M NAIT, $106M downtown revitalization, and $54M coliseum site for Edmonton residents.

MacEwan University School of Business

$110M

educationhealth careinfrastructure

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Budget 2025: What It Means for Families

Alberta Budget 2025 delivers up to $1,500 in household tax savings, boosts child benefits, holds child care at $15/day, and invests in schools and housing.

Household tax savings (two earners)

Up to $1,500

social-serviceseducationhealth

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Budget 2025: What It Means for Farmers

Alberta Budget 2025 delivers $860M for agriculture operations, $152M for irrigation projects, and crop diversification funding, but U.S. tariffs threaten crop exports.

Agriculture and Irrigation operating expense

$860M

agricultureagri-food

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Budget 2025: What It Means for Founders

Alberta Budget 2025 maintains the lowest corporate tax rate among major provinces, grows the IEG, and invests $834M in Technology and Innovation amid tariff uncertainty.

Corporate income tax rate

technologyinnovationbusiness

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Stakeholder Notes

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Alberta Budget 2025: Agriculture Producer Group Stakeholder Brief

Strategic analysis of Alberta Budget 2025 for agriculture producer groups, covering $860M operating, $250M capital, irrigation investments, and tariff risks.

Agriculture and Irrigation Operating Expense

$860M

agricultureagri-foodirrigation

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Alberta Budget 2025: Big City Municipality Stakeholder Brief

Budget 2025 analysis for big city municipalities: LRT funding, LGFF allocations, affordable housing, education property tax, and transit investment.

Edmonton and Calgary LRT

$2,863M (3-year)

municipalinfrastructuretransit

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Alberta Budget 2025: Chamber of Commerce Stakeholder Brief

Strategic analysis of Alberta Budget 2025 for chambers of commerce, covering the $5.2B deficit, tax cut, tariff assumptions, and business environment implications.

Budget Deficit

$5.2B

businesseconomytrade

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Alberta Budget 2025: College Stakeholder Brief

Budget 2025 analysis for colleges: skilled trades funding, capital projects, Expert Panel on funding, and enrolment growth support.

Skilled trades programs

$135M per year

post-secondaryeducationskilled-trades

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Alberta Budget 2025: Construction Association Stakeholder Brief

Budget 2025 analysis for construction associations: $26.1B capital plan, tariff risks on materials, skilled trades funding, and project pipeline.

Total capital plan

$26.1B (3-year)

constructioninfrastructuretrades

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Alberta Budget 2025: Data Centre Developer Stakeholder Brief

Budget 2025 analysis for data centre developers: broadband strategy, digital infrastructure investment, power availability, and trade uncertainty.

Alberta Broadband Strategy

$301M (3-year)

technologydigital-infrastructureenergy

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Year-over-Year

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Alberta Budget 2025 vs 2024: Spending Comparison

Side-by-side comparison of Alberta Budget 2025 and Budget 2024 spending, revenue, and assumptions. Total expense rises 8.4% as the province swings to a $5.2B deficit.

Fiscal Swing

-$10.97 billion

fiscal-policyoil-and-gashealthcare