The province tabled its 2025 Alberta budget on Thursday.
Listed below are among the highlights:
- $5.2-billion deficit with deficits in following two years
- Taxpayer-supported debt to succeed in $93 billion
- Debt-servicing prices at $3 billion
- General spending as much as greater than $79 billion with more cash for contingencies, tariffs and disasters
- Kindergarten to Grade 12 faculty spending as much as nearly $10 billion
- Training property taxes rising over six per cent for dwelling and enterprise property house owners
- $26 billion for capital tasks together with faculties, hospitals and different health-care services, and highways.
- $1 billion for private earnings tax cuts.
- $106 million over three years for downtown Edmonton revitalization close to Edmonton Oilers area
- Private earnings tax income to fall to $15 billion, company tax income all the way down to $7 billion
- Inhabitants development reasonable however nonetheless rising at 2.5 per cent
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For a extra detailed learn on the price range breakdown, visit this story.
© 2025 The Canadian Press
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