Thread by @CBCCalgary

With #abbudget 2020, the Alberta government promises a return to a balanced budget by the end of its mandate in 2023. cbc.ca/1.5477615 #ableg

Finance Minister Travis Toews says #abbudget 2020 continues the province’s October path of trimming spending, cutting corporate tax rates and reducing red tape. #ableg

#abbudget 2020 includes:
- $6.4B/year investment in building schools, healthcare facilities, roads and infrastructure
- $772M in new capital plan projects over the next three years, creating a forecasted 3,000 new jobs

(Graph: Alberta Government)

The government will tax vaping products for the very first time, at a rate of 20 per cent. The tax will generate $4 million in 2020-21 and $8 million in 2021-22: cbc.ca/1.5478894

Budget 2020 will spend $75M over three years to attract investment to Alberta. (Graph: @YourAlberta) #abbudget #ableg

@YourAlberta Finance Minister Travis Toews says there will be no money for pay increases to Alberta’s 270,000 public sector workers. #ableg #abbudget

@YourAlberta Budget 2020 forecasts the loss of nearly 1,500 public sector jobs (full-time equivalents), including:
- 136 community & social service jobs
- 398 post-secondary jobs
- 138 school board staff

@YourAlberta Budget 2020 forecasts the loss of nearly 1,500 public sector jobs (full-time equivalents), including:
- 136 community & social service jobs
- 398 post-secondary jobs
- 138 school board staff
#ableg #abpoli #abbudget

@YourAlberta By 2022, Alberta’s corporate tax rate will drop to 8%, which is 30% lower than any other province and lower than in 44 U.S. states. #ableg #abbudget (Graph: @YourAlberta)

@YourAlberta As part of its job creation initiative, the province will implement a 10-year strategy to double tourism spending in Alberta to $20 billion by 2030. They also plan to shift the mandate for @TravelAlberta and expanding Indigenous heritage tourism. #ableg #abpoli

@YourAlberta The government is forecasting a deficit of $6.8 billion with a total debt of $76.9 billion by the end of 2020-21 fiscal year. That is expected to increase to $88 billion by the end of 2022-23. (Graph: @YourAlberta) #ableg #abpoli #ABbudget

@YourAlberta @TravelAlberta The fiscal plan says 684 Government of Alberta positions will be cut, with 277 in Agriculture and Forestry. The government says most will be reduced through attrition.

@YourAlberta @TravelAlberta Another 752 positions are set to be lost in post-secondary institutions, school districts and agencies, boards and commissions. That figure includes 138 teachers and 106 support positions. #ableg #abpoli #ABbudget

@YourAlberta @TravelAlberta Speaking earlier this week, Premier @jkenney promised to do “whatever it takes” to protect Alberta’s economic future: cbc.ca/1.5473986 #ableg #abbudget

@YourAlberta @TravelAlberta Speaking earlier this week, Premier @jkenney promised to do “whatever it takes” to protect Alberta’s economic future: cbc.ca/1.5473986 #ableg #abbudget

@YourAlberta @TravelAlberta @jkenney Premier @jkenney previously said that @YourAlberta might invest in a publicly traded corporation to invest in oil and gas projects, similar to the Lougheed government of 1973. Albertans can expect details on an "essential major project” soon: cbc.ca/1.5475669 #abbudget

@YourAlberta @TravelAlberta @jkenney The province plans to double the number of surgeries done in private clinics by 2022-2023 in order to decrease wait times: cbc.ca/1.5478951 #ableg #abbudget

@YourAlberta @TravelAlberta @jkenney Education property taxes will increase by 3.1% in 2020-21 under #abbudget 2020. Find out why you may pay more, or not, here: cbc.ca/1.5478894 #ableg

@YourAlberta @TravelAlberta @jkenney Post-secondary education funding is reduced by 6% in the 2020 budget. That's following a 5% cut in the 2019 budget. #ableg #abbudget

@YourAlberta @TravelAlberta @jkenney The province wants to introduce income testing for the seniors’ drug program, which would mean beneficiaries with higher incomes would have to pay deductibles. #abbudget #ableg #abpoli

@YourAlberta @TravelAlberta @jkenney In #yyc, there is $137 million set aside for Peter Lougheed Centre emergency department upgrades, which was previously announced by the @Alberta_UCP. #yyc #ableg #abbudget cbc.ca/1.5469111

@YourAlberta @TravelAlberta @jkenney @Alberta_UCP There's $15M earmarked over the next 3 years to fund a study on a multi-use dam to help with flood mitigation on the Bow River. The first year will get $2M for stakeholder and First Nation engagement, site and geotechnical investigation and a drilling program. #yyc #abfloods

@YourAlberta @TravelAlberta @jkenney @Alberta_UCP The Springbank dam project is expected to get $28 million in the next fiscal year. #yyc #abfloods #ableg #abbudget

@YourAlberta @TravelAlberta @jkenney @Alberta_UCP Deerfoot Trail is projected to get $4 million by the end of 2021 for upgrades, with a total of $110 million earmarked for the project over the next three years. The province says it will consider this project under a P3 model. #yyc #yycroads #ableg #abbudget

@YourAlberta @TravelAlberta @jkenney @Alberta_UCP The #YYC Ring Road will get $468 million in the next year to continue construction on the southwest and west portions. #yycroads #abroads #ableg #abbudget

@YourAlberta @TravelAlberta @jkenney @Alberta_UCP There's $11 million over the next three years for upgrades to Highway 1A near the Stoney Nakoda First Nation, a project announced earlier this year. cbc.ca/1.5356771 #abroads #ableg #abbudget

@YourAlberta @TravelAlberta @jkenney @Alberta_UCP The #YYC Cancer Centre will get $802 million over the next three years. #ableg #abbudget

@YourAlberta @TravelAlberta @jkenney @Alberta_UCP There is no change in LRT funding plans, and grants to municipalities will remain the same for the next three years. #ableg #abbudget Our story from last fall when the @Alberta_UCP announced funding changes: cbc.ca/1.5338204

@YourAlberta @TravelAlberta @jkenney @Alberta_UCP Vivo for Healthier Generations in #yyc gets $20 million over three years for upgrades. #ableg #abbudget

@YourAlberta @TravelAlberta @jkenney @Alberta_UCP The province continues to support the @calgarystampede and Edmonton Northlands, but operating grants will be cut from $5.5 million to $4.5 million each next year. #ableg #abbudget

@YourAlberta @TravelAlberta @jkenney @Alberta_UCP @calgarystampede Now to #RedDeer. There's $7 million on the books in 2020 Capital Plan for the Red Deer Integrated Emergency Shelter, with the plan of expanding the existing facility by 160 new spaces for homeless Albertans. #ableg #abbudget