Alberta Legislature Building in Edmonton

2022 Alberta Budget Highlights

2022 Alberta Budget Highlights

Synopsis
2 Minute Read

Alberta Finance Minister Travis Toews tabled the Provincial Government’s 2022 budget on February 24, 2022.

On Thursday, February 24, 2022, Alberta Minister of Finance Travis Toews tabled the 2022 Budget. This year’s balanced budget is focused on building health system capacity and increasing work opportunities for Albertans.

No new business or personal income tax measures were announced.

Other tax measures in the Budget include:

  • Extension of the Tourism Levy to require online marketplaces to collect and remit the levy on behalf of their Alberta short-term rental hosts
  • Introduction of a separate category of tobacco tax for smokeless products
  • Current year adjustment to education property tax
  • Intention for the Province to work with the Federal Government to explore a coordinated taxation approach to collect provincial tax on vaping products sold in Alberta

More details and highlights of the 2022 Alberta Budget can be found here.

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