Government is taking action to reduce expenses and create a long-term sustainable fiscal plan ahead of the release of Budget 2015.
Actions include containing costs for the remainder of the current fiscal year. This includes restraining spending on discretionary grants, travel and training as well as hiring.
Budget 2015 will be released in the spring and will require tough, disciplined fiscal decisions to weather the current low price of oil while also protecting core services that Albertans require.
Budget 2015 planning highlights
- actions to date (news release)
- current fiscal situation
- economic forecasts
- government revenue explained
- speaking tour
Despite positive second quarter results, declining oil prices means government continues to be focused on sound fiscal management to keep Alberta operating in the black, while delivering government services efficiently and effectively.