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ARTICLE · 10 MARCH 2020

Alberta Budget 2020: A Plan For Jobs And The Economy

Borden Ladner Gervais LLP
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On Thursday, February 27, 2020, Finance Minister Travis Toews delivered his second budget entitled "A Plan for Jobs and the Economy" which includes the government's fiscal and capital...

CanadaStrategy

On Thursday, February 27, 2020, Finance Minister Travis Toews delivered his second budget entitled “A Plan for Jobs and the Economy” which includes the government’s fiscal and capital plans and the outlook for the province’s economy.

Similar to Budget 2019, the new budget draws heavily on a government-established panel to study approaches for addressing Alberta’s budgetary deficits. The panel, led by former Saskatchewan finance minister, Janice MacKinnon, produced a report providing direction on policy, cuts and adjusted budgetary priorities. Budget 2020 remains closely aligned with Budget 2019, adopting much of the MacKinnon report by mandating cuts, holding the line on broad spending restraint and creating more detailed plans to both grow the economy and find efficiencies on slim budgets.

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