How much money does the Government of Alberta collect?
In the 2024-2025 fiscal year, the Government of Alberta collected $82.5 billion in revenues, up approximately 10.3% from $74.7 billion in the previous fiscal year. The Alberta government’s revenues can be categorized into six main buckets: income taxes; resource revenues; federal transfers; investment income; other taxes and levies; and fees, enterprises, and other.
Government revenues have been climbing steadily since 2019-2020, driven by increases in income taxes and resource revenues. In 2024-2025, income taxes once again were the largest source of income for the provincial government. That year, the Alberta government received $24.25 billion in income taxes, which represents about 3 out of every 10 dollars it collected.
Alberta is a resource-rich province, and oil plays a critical role in the province’s economy and is integral to the government’s financial health. Oil royalties and revenue from other non-renewable resources were the second-largest source of income, accounting for 26.6% of total revenue.
Transfers from the federal government represent another significant source of revenue. In 2024-2025, the province received $12.62 billion via federal transfers. While Alberta doesn’t receive equalization payments, it does receive funds from Ottawa through the Canada Health Transfer (CHT), which provides long-term funding for healthcare services, and the Canada Social Transfer (CST), which provides funding for post-secondary education, social assistance, and early childhood development, and from other programs.
Alberta Government Revenue by Source
Fiscal years 2019–20 to 2024–25, billions of CAD. Hover over bars for line-item detail.
Source: Government of Alberta Year-End Reports for 2019-20 to 2024-25 fiscal years. Figures in billions of CAD, rounded to two decimal places.
