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Canada | Alberta budget 2025-26

04 March 2025

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Tax Alerts, Provincial/State & Local...

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Canada

Alberta's fiscal 2025-26 budget, tabled on 27 February 2025, projects a deficit of CA$5.2b.The budget contains mostly tax measures affecting individuals. On 27 February 2025, Alberta Minister of Finance and President of Treasury Board Nate Horner tabled the province's fiscal 2025-26 budget. The budget contains mostly tax measures affecting individuals.The minister anticipates a deficit of CA$5.2b for 2025-26 and projects further deficits of CA$2.4b for 2026-27 and CA$2.0b for 2027-28.A brief summary of the key tax measures follows.Business tax measuresCorporate income tax ratesNo changes are proposed to the corporate tax rates or the CA$500k small-business limit.Alberta's 2025 corporate income tax rates...