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A plan for jobs and the economy
Travis Toews, President of Treasury Board and Minister of Finance
Budget 2019 Themes
- Getting Alberta Back to Work
- Making Life Better for Albertans
- Standing up for Alberta
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Budget 2019 A plan for jobs and the economy Travis Toews, President - - PowerPoint PPT Presentation
Budget 2019 A plan for jobs and the economy Travis Toews, President - - PowerPoint PPT Presentation
Budget 2019 A plan for jobs and the economy Travis Toews, President of Treasury Board and Minister of Finance Budget 2019 Themes Getting Alberta Back to Work Making Life Better for Albertans Standing up for Alberta 2 Budget 2019:
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Budget 2019: Debt
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Budget 2019: Provincial Comparators
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Budget 2019: Revenue
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- Job Creation Tax Cut
- Accelerated Capital Cost Allowance
- Red Tape Reduction
- Elimination of Carbon Tax
Budget 2019: Investment, Jobs & the Economy
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Corporate tax among the most competitive
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Budget 2019: Key Fiscal Metrics
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Operating Expense Comparison
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$ billions
Source: 2018-19 Third Quarter Fiscal Update and Budget 2019
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- Health: $20.6 billion
- Education: $8.2 billion
- Advanced Education: $5.1 billion
Budget 2019: Key Ministry Spending
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- Budget 2019 makes no cuts to social programs.
– 7.6% increase to Community and Social Services – 1.6% increase to Seniors and Housing – 15% increase to Children’s Services
- Alberta Child and Family Benefit to replace Alberta Child Benefit and Alberta
Family Employment Tax Credit
Budget 2019: Social Services
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Budget 2019: Municipalities
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Budget 2019: Public Sector
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- Invests $24.2 billion over 4 years
- Averaged $7 billion per year over the last decade
- Expect to bring average down to just over $6 billion per
year, as per MacKinnon Panel
Budget 2019: Capital Plan
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- $30 million a year for Canadian Energy Centre
– Promoting our clean energy – $2.5 million for public inquiry into foreign-funding of anti- energy campaigns
- Fiscal Fairness for Alberta
– On Equalization, exclude non-renewable resources revenues and implement a cap on the program – Federal fiscal stabilization
Budget 2019: Standing up for Albertans
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This budget is the fulfillment of
- ur promise to Albertans.