This bill gives Alberta’s government extra money for the rest of the 2023–24 fiscal year (ending March 31, 2024).
It adds operating funds for several ministries, a small amount for new capital projects, and more loan/financing authority.
Key changes:
General public
Students and families
Farmers and ranchers
Energy and minerals sector
Other groups
Note: The bill lists dollar amounts by ministry but does not spell out specific programs. Ministries decide how to use these funds within existing rules.
Estimated annual cost: about CAD $417 million in new spending, plus CAD $304 million in loans/financing.
Operating (expenses): $412,667,000
Capital investment: $4,463,000
Financial transactions (loans and other financing): $304,102,000
Timeline
Second Reading
Committee of the Whole
Third Reading - Royal Assent - Comes into Force