Big dollars for institutional projects in Alberta budget
Alberta’s 2021 budget includes implementing the Alberta 2030: Building Skills for Jobs initiative and performance-based funding with all 26 publicly funded post-secondary institutions in Alberta this year. The three-year Capital Plan provides $191 million to support post-secondary institution projects to expand student capacity and learning environments.
It also includes a three-year, $3.4 billion commitment for health-related capital projects and programs, providing:
- $2.2 billion for health facilities, with $143 million for five new priority projects
- $766 million for Alberta Health Services self-financed capital for parkades, equipment and other capital requirements
- $343 million for capital maintenance and renewal of existing facilities