Blog recap; Alberta Budget
Join the Alberta reporting team for live updates from the 2015 budget.
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You'll find all our Alberta budget coverage here:
Alberta Budget 2015 | News, Videos & Articles
Global NewsAlberta Budget 2015 videos and latest news articles -
Just how painful will this budget be? I'll break down the health care dollars as soon as the embargo… instagram.com
by Heather Yourex via twitter 3/26/2015 2:45:28 AM -
Some related reading...
Neighbourly advice from one premier with a surplus to another with an unprecedented deficit
Global NewsIt’s difficult, B.C. Premier Christy Clark acknowledged, but her advice for neighbouring Premier Jim Prentice is to control government costs, with an eye focused on controlling wage settlements. -
Look for Alberta Budget 2015 updates from @heatheryourex and @garybtvnews tomorrow glbn.ca/KOlYz #ableg http://pbs.twimg.com/media/CA_ZoxWUIAAkFQ1.jpg
by Global Calgary via twitter retweeted by HeatherYourex 3/26/2015 2:54:59 AM -
Most common piece of advice heading into #abbudget lockup? 'Bring snacks' globalnews.ca/tag/alberta-bu… #ableg #abpoliby Erika Tucker via twitter 3/26/2015 4:46:33 AM -
We'll be tweeting using #abbudget and will send out a tweet from this acct once the budget embargo has been lifted. #ableg #abpoliby AB_TB_Finance via twitter retweeted by KerryPowell 3/26/2015 1:17:04 PM -
What can you expect from tomorrow's Alberta Budget? glbn.ca/KOuls #abbudget #ableg http://pbs.twimg.com/media/CA_y3UNWAAAHaRO.jpg
by Global Edmonton via twitter retweeted by KerryPowell 3/26/2015 1:18:40 PM -
And here we go. #abbudget day. Full coverage around 3:15pmMT ish @GlobalCalgary @GlobalEdmonton @GlobalNational #yeg http://pbs.twimg.com/media/CBBtH9KUIAA68eq.jpg
by Reid Fiest via twitter 3/26/2015 1:24:40 PM -
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Getting ready to head into #abbudget lockup w/ @TomVernonGlobal @ReidFiest Will tweet once embargo is lifted :) http://pbs.twimg.com/media/CBBzFvAUcAA5aL8.jpg
by Emily Mertz via twitter 3/26/2015 1:50:43 PM -
Look who I found outside the Leg! #abbudget @boyermichel http://pbs.twimg.com/media/CBBzkyVXIAI8M-e.jpg
by Emily Mertz via twitter 3/26/2015 1:52:50 PM -
My thoughts on health care heading into today's budget: globalnews.ca/news/1905163/b… #abhealth #abgov #abbudget http://pbs.twimg.com/media/CBCLwtsVEAAb28C.jpg
by Heather Yourex via twitter 3/26/2015 3:38:42 PM -
The Government of Alberta is facing economic uncertainty. Premier Jim Prentice addressed the province, in a pricey TV ad that had a campaign-style speech. He said there would be no big budget cuts on Thursday, but the people of Alberta will have to pay a price when it comes to healthcare. Reid Fiest has the details.
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Cruising QE2 to the Leg - Everyone else in Lockup - Our Budget Special kicks off 3:00 glbn.ca/KOYIz #ableg http://pbs.twimg.com/media/CBCkK_gUwAANHrS.jpg
by Gary Bobrovitz via twitter 3/26/2015 5:25:13 PM -
Who wants a slice? Global TV's Alberta 3:00 Budget Cake - Saving some for @JimPrentice #ableg glbn.ca/KOIYz http://pbs.twimg.com/media/CBC56WUUgAEl-Ie.jpg
by Gary Bobrovitz via twitter 3/26/2015 7:00:12 PM -
We have one of the best producers ever... Every budget gets a budget cake filled with money ( but not… instagram.com
by Heather Yourex via twitter 3/26/2015 7:24:03 PM -
Bookmark Alert: All our 2015 Budget coverage can be found here globalnews.ca/tag/alberta-bu… Live special begins at 3 pm http://pbs.twimg.com/media/CBDIsq5UsAA0qEj.jpg
by Heather Yourex via twitter 3/26/2015 8:04:45 PM -
Locked + Loaded for our Live in the Leg Rotunda kicking off Special Budget Coverage at 3:00 glbn.ca/KOIYz http://pbs.twimg.com/media/CBDNbw8UgAApTyc.jpg
by Gary Bobrovitz via twitter 3/26/2015 8:25:32 PM -
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A reminder: all our Alberta budget coverage can be found here:
Alberta Budget 2015 | News, Videos & Articles
Global NewsAlberta Budget 2015 videos and latest news articles -
Related reading, ahead of the budget announcement embargo being lifted:
BLOG: Alberta’s expensive health system is leaving many patients dissatisfied
Global NewsJoin Global Calgary’s Health FYI reporter Heather Yourex as she shares her thoughts on health care in Alberta in advance of Thursday’s 2015 budget announcement. -
by Global Edmonton via twitter retweeted by VassyKapelos 3/26/2015 9:18:36 PM
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(March 26, 2015)Budget 2015 sets a balanced direction for Alberta’s futureFrom the Government of Alberta website:- Budget 2015 will invest in the programs and infrastructure Albertans need while holding the line on spending.
- Guided by 10 Fiscal Principles and a matching 10-year vision, Budget 2015 includes five year fiscal and capital plans showing Albertans the long-term approach government is taking. Budget 2015 balances spending restraint with revenue enhancements and will use savings in the Contingency Account to address the province’s fiscal challenge.
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Here's the complete #abbudget breakdown via @Emily_Mertz globalnews.ca/news/1903290/a… #ableg #cdnpoliby Vassy.Kapelos via twitter 3/26/2015 9:27:34 PM
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Albertans will pay more to get married, go camping, have a drink, go for a drive or do pretty much anything else as the province fights to get out from under the collapse in oil prices.Budget summary:The 2015-16 budget tabled Thursday increases taxes and fees virtually across the board and runs the largest deficit in Alberta’s history at $5 billion.
The budget details $1.5 billion in hikes and new levies and outlines a new tax model.
Albertans will no longer be charged a 10 per cent flat tax. Everyone will still pay that much on the first $100,000 of taxable income, but there will be two new tax brackets for anyone earning more than that.
There will be a new refundable tax credit and improvements to existing rules to aid lower-income working families.
Fuel taxes will go up four cents to a total of 13 cents a litre starting Friday, although Alberta still has the lowest fuel taxes in the country.
Traffic fines will rise by an average of 35 per cent. Other increases will hit registration fees, court and land-title searches, marriage certificates and camping costs.
Alcohol taxes are going up by 16 cents for a bottle of wine and 90 cents for a 12-pack of beers as of Friday. Tax on a carton of cigarettes escalates to $45 a carton from $40.
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Government tightens belt:
There are also to be spending reductions in some government department budgets, while others will hold the line. There will be slight increases for education and social services.
Government revenue is projected to be $43.4 billion and expenses are pegged at $48.4 billion. The deficit will be covered off mainly by the $6.5-billion contingency fund.
Borrowing for infrastructure will increase Alberta’s debt burden to almost $18 billion.
Bitumen and conventional oil royalties – Alberta’s two main money-makers – are pegged to bring in $2 billion. That’s more than $5 billion less than had been projected before oil prices plunged from US$107 a barrel last summer to the current mid-$40s.
The long-term plan is to have the budget back in the black by 2018, as long as there is a modest rally in oil prices over the next few years.
After that, the government plans to use increasing percentages of oil revenues to replenish the contingency fund and reinvest in the long-term Heritage Savings Fund. -
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Alberta Budget 2015: What will your sins cost you?
Global NewsAt the stroke of midnight Friday, sin taxes and gas taxes are going up in Alberta. If you drink, smoke or drive, it’s going to cost you more. -
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Alberta Budget 2015: What will your sins cost you? glbn.ca/KR1Lw #abbudget #ableg http://pbs.twimg.com/media/CBDff-9UQAAZylr.jpg
by Emily Mertz via twitter 3/26/2015 9:44:23 PM -
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Alberta Budget 2015: Tax credits expanded for low-income families
Global NewsThe Alberta government announced some relief for low-income families in its 2015 budget on Thursday. -
