Alberta Budget - Released April 7, 2009
The 2009 Alberta budget was tabled on April 7, 2009.
The budget was, for the most part, a spending budget running a deficit of $4.7 Billion with deficits expected for the next two budgets.
Alberta Seniors' Benefit
The Alberta Senior's Benefit which is paid to low-income seniors will increase by 11.9% for 2009 to a maximum of $40 per month for singles and $60 per month for couples.
Assured Income for the Severely Handicapped (AISH)
The budget announced an increase of $100 in the maximum monthly benefit to AISH recipients.
No other new personal or corporate income tax changes were announced.
Liquor and Tobacco
Tobacco taxes were increased by $3 per carton effective midnight April 7.
Effective immediately the liquor markup goes up by $1.30 for a dozen beer from a major brewer, by at least 75 cents for a 750 millilitre bottle of wine and by $2.85 for a 750 millilitre bottle of most spirits.