2014 March fACT Sheet Alberta Budget Analysis
We have released our annual analysis of the Government of Alberta's 2014 Budget.
Budget 2014 covers the time period from April 1, 2014 to March 31, 2015 (2014-15) fiscal year (FY). Budget 2014 estimates an operational surplus of $2.6 billion, and a consolidated surplus of $1.1 billion when capital spending and net savings are included. The government’s revenue picture has brightened considerably since last year’s budget due to higher than expected energy prices and a lower Canadian dollar. As a result, operational spending will increase next year though by less than inflation and population growth. In this fACT sheet, next year refers to the 2014-15 FY and this year refers to the current 2013-14 FY.