Finance Minister Travis Toews, left, delivers the provincial budget as Alberta Premier Jason Kenney looks on, in Edmonton, Thursday, Oct. 24, 2019. THE CANADIAN PRESS/Jason Franson

Winners and losers in Alberta’s 2020 budget

UCP government has tabled a new 20-per-cent tax on vaping devices and liquids

Alberta’s United Conservative government tabled its 2020-21 budget Thursday. Here is a look at who might be pleased and who won’t be so happy:

WINNERS

Techies: The province is investing $200 million to fund innovation and leverage partners in areas like artificial intelligence, machine learning, aviation, tourism and financial tech.

Filmmakers: There will be $97 million over three years for an Alberta Film and Television Tax Credit to attract medium and large TV and film productions to Alberta.

Airlines: Alberta will enact regulatory changes to permit increased airline traffic and services with airlines that have a significant presence in the province, and will work with post-secondary schools to address a shortage of pilots.

Tourists: Alberta is developing a 10-year tourism strategy with the goal of doubling tourism spending to $20 billion by 2030.

—-

LOSERS

Vapers: A new 20-per-cent tax is to be introduced on vaping devices and liquids to discourage youth.

READ MORE: First vaping-related illness reported in Alberta

Online renters: The four-per-cent tourism levy will be extended to online marketers, like Airbnb, to level the playing field with traditional rentals.

Public sector workers: The government plans to hold the line on salary hikes for public sector workers, while continuing to reduce jobs, mainly through attrition.

Fairs: Money for the Calgary Stampede and Edmonton’s Northlands, which hosts K-Days, drops to $9 million from $11.2 million.

The Canadian Press

Alberta budget

Get local stories you won't find anywhere else right to your inbox.
Sign up here

Just Posted

96 new cases of COVID-19 announced in Alberta

Thirteen people have now died in Alberta as a result of COVID-19

Titans challenge Bucs to a ‘Bleed Off’

Which club will bleed more for the community?

Sylvan Lake plumbers ask for social distancing while working in homes

Fonda’s Plumbing and Heating says they went out to six service calls in one day during the outbreak

Town of Sylvan Lake temporally lays off 64 employees during COVID-19 pandemic

The Town has enacted a temporary 60-day layoff process for 64 employees

Sylvan Lake baseball season postponed until the end of April

Sylvan Lake Minor Ball made the announcement as a result of Baseball Alberta’s decision

A message from the publisher

Consider a voluntary subscription to Sylvan Lake News

Trump says he expects Russia, Saudis to cut oil production

Trump says he expects Russia, Saudis to cut oil production

Morgan Rielly can’t explain talent-loaded Maple Leafs’ rollercoaster campaign

Morgan Rielly can’t explain talent-loaded Maple Leafs’ rollercoaster campaign

UEFA aims for July restart for leagues, wants them completed

UEFA aims for July restart for leagues, wants them completed

Alberta Health Services provides COVID-19 prevention tips

Ways to keep you and your family safe

States demand ventilators as feds ration limited supply

States demand ventilators as feds ration limited supply

Economic fallout mounts, worldwide cases top 1 million

Economic fallout mounts, worldwide cases top 1 million

26 infected with coronavirus at Mexico hospital; doctor dead

26 infected with coronavirus at Mexico hospital; doctor dead

Canada, NATO allies discuss COVID-19 response in face of world security issues

Canada, NATO allies discuss COVID-19 response in face of world security issues

Most Read