Alberta 2018 Budget - What's In It For Energy?

On March 22, 2018, Minister of Finance, Joe Ceci, presented the Government of Alberta's budget 2018 entitled, "A Recovery Built to Last" ("Budget 2018"). Budget 2018 includes the government's fiscal and capital plans along with economic outlook for the province moving forward. Budget 2018 follows last year's budget "Working to Make Life Better" released on March 16, 2017 - click here for BLG's analysis of Budget 2017.

Joe Ceci stated that after the worst recession in a generation, things are "looking up" for Albertans, citing provincial job growth, a declining deficit and the fastest growing provincial economy in Canada.

Budget 2018 is focused on three pillars:

1. Diversification of the economy through certain initiatives and growing market access, as set out in more detail below;