The Government of Alberta has released its Budget 2024, which includes several investments in the province’s postsecondary sector. In 2024-25, the Ministry of Advanced Education will have an increased operating expenses budget of $6.3B, including $2.5B in direct operating supports for institutions. $62.4M has been allotted for the creation of two rural health training centres and $10M has been set aside to add mental health professional spaces to postsecondary institutions. The 2024 Capital Plan is also allocating $361M over the next three years to select infrastructure projects at MacEwan University ($75M), Olds College of Agriculture and Technology ($63M), the University of Calgary ($55M), the Northern Alberta Institute of Technology ($43M), the University of Lethbridge ($26M), and Red Deer Polytechnic ($13M).
