Alberta Budget 2019 Analysis for Nonprofits
The Alberta Budget 2019 was released on October 24, 2019 – the first since the May 2019 provincial election. The provincial government chose to reduce spending, with the explicit goal of eliminating the deficit by 2022-23. Reducing spending, with little priority on increasing revenues or economic diversification, will have an impact on the nonprofit sector and, therefore, the individuals it serves, the communities it works in, and the issues it addresses.
The full impact on the nonprofit sector will take time to realize, as while not all nonprofits in Alberta receive funding from the provincial government, provincial budget decisions impact the sector as a whole. CCVO has provided the sector with a detailed budget analysis with selected funding areas affecting the nonprofit sector. Stay tuned for further analysis as more budget news is released.
Read the full budget analysis here.