AB announces Budget 2024 with increased budget for Advanced Education, infrastructure projects

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).

AB (Budget) | AB (Release) | NAIT | RDP