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ARTICLE · 05 MARCH 2025

2025 Alberta Budget Summary

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On February 27, 2025, Alberta Minister of Finance Nate Horner announced the 2025 Alberta Budget. The Budget aims to strengthen health care, education and communities, support vulnerable Albertans...

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On February 27, 2025, Alberta Minister of Finance Nate Horner announced the 2025 Alberta Budget. The Budget aims to strengthen health care, education and communities, support vulnerable Albertans, and diversify the economy. No changes were made to the existing provincial corporate tax rates.

Crowe MacKay's tax experts summarize the Alberta Budget's new tax measures below. If you have any questions, connect with us in Alberta, British Columbia, Northwest Territories, or the Yukon.

Personal Tax Measures

New Eight per cent Personal Income Tax Bracket

First mentioned at the 2024 Budget, the government is introducing a new personal income tax bracket of eight per cent on the first $60,000 of income, effective January 1, 2025. This measure is being introduced ahead of schedule (it was supposed to be effective for 2026). The tax bracket will be adjusted by the Alberta escalator starting in 2026.

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