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ARTICLE · 20 APRIL 2015

Alberta's 2015 Budget - Implications For The Oil And Gas Sector

Borden Ladner Gervais LLP
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On March 26, 2015, the Minister of Finance and the President of the Treasury Board, the Honourable Robin Campbell, presented Alberta's 2015 Budget – notably, revealing very few direct implications for the Oil & Gas Industry.

CanadaEnergy and Natural Resources
Beth Reimer-Heck, KC
Beth Reimer-Heck, KC
Leah Mangano
Leah Mangano
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On March 26, 2015, the Minister of Finance and the President of the Treasury Board, the Honourable Robin Campbell, presented Alberta's 2015 Budget - notably, revealing very few direct implications for the Oil & Gas Industry. This blog focuses on areas of interest to persons involved in the Oil & Gas sector and is not intended to provide a comprehensive overview of the Budget.

Brief Overview of the 2015 Budget

The 2015 Budget is focused on mitigating the current revenue gap with responsible spending, a shift in the revenue structure, and reliance on the contingency account. The price of Alberta's public services will be brought in line with the national average, in part by implementing a user pay philosophy through a Health Care Contribution Levy, increased fees for land titles and motor vehicle services, and increased fines for traffic violations. Alberta will continue to boast Canada's lowest overall taxes, holding constant corporate tax rates and personal income

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