February 28, 2023
Minister of Finance Travis Toews tabled the 2023 Alberta provincial budget on February 28, 2023.
Alberta’s economy is continuing to expand following two years of robust post-pandemic recovery, albeit at a more moderate pace. Real GDP growth is forecast to rise 2.8% and lead the country in 2023. With last year’s pace of 4.8%, real GDP fully recovered from the COVID-19 downturn and surpassed the 2014 peak, while incomes in the province hit a record high. The budget projects a surplus of $2.37 billion for the 2023/24 fiscal year. Read more here.
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