Capital Plan

Overview

With a total of $26.1 billion allocated over the next 3 years – $1.1 billion more than in Budget 2024 – the 2025 Capital Plan addresses current growth pressures, supports future economic growth and creates additional opportunities for private sector participation.

Budget 2025 features significant capital investments in education (K-12 and post-secondary), affordable housing, health care, roads and bridges, municipalities and other priority infrastructure.

The plan is projected to support an average of 26,500 direct and 12,000 indirect jobs annually through 2027-28.

Resources

Key budget investments

$2.6 billion over 3 years for educational (K-12) infrastructure, an increase of $505 million from Budget 2024. This funding will support the construction of more than 200,000 new and modernized student spaces over the next 7 years (nearly 90,000 within the next 4 years).
$1.1 billion over 3 years for family, social supports and housing, an increase of $286 million from Budget 2024, to support affordable housing and social supports in various locations around the province.
$528 million over 3 years – $165 million more than in Budget 2024 – to support the modernization and expansion of post-secondary education facilities.
$3.6 billion over 3 years for health care infrastructure, maintaining capital support for health near the record-high amount provided in Budget 2024.
$2.5 billion over 3 years to support Alberta’s network of provincially owned roads and bridges. This includes $264 million in new funding for highway twinning, widening and expansion projects.
$7.5 billion over 3 years in municipal infrastructure support, including a $138 million increase in funding through the Local Government Fiscal Framework.
$25 million for the new Alberta border security initiative, supporting the purchase of equipment and the development of border patrol facilities.