The provincial government will release its 2015 budget on Mar. 26, 2015.
“For the last several months I have toured the province extensively, meeting personally with thousands of Albertans at speaking engagements and direct meetings to seek their ideas for how government should address the serioius drop in revenue,” said Robin Campbell, President of Treasury Board and Minister of Finance in a press release.
He added, “on March 26, Albertans will see how Budget 2015 will protect vulnerable and working families while controlling our spending and laying out a long-term 10-year plan for transitioning our finances away from the rollercoaster of energy prices.”
The provincial government is forecasting a $7 billion loss in revenue due to low oil prices.
Premier Jim Prentice has said that corporate taxes and oil royalties will be off limits.
