Monthly $100 affordability payments for families, seniors, and vulnerable Albertans will be released soon, and Albertans can act now to get ready.
Alberta’s economy has recovered strongly, but many people are struggling to heat their homes and feed their families. Alberta’s government has responded with the largest inflation relief package in Canada, with significant broad-based and targeted supports. Starting this month, six months of affordability payments will begin for Albertans through an application and distribution system that is fast, effective and safe.
Starting January 18, seniors 65 or older who are not receiving the Alberta Seniors Benefit and eligible parents with children under 18 can apply online through the government portal or in person at locations across the province for $600 in monthly affordability payments.
In order to use the portal, eligible parents and seniors will be required to have a Verified Account. To ensure that the application process is as smooth as possible, Albertans should sign-up for their Verified Account or confirm they have an existing Verified Account with accurate information as soon as possible.
Many Albertans receiving these targeted relief payments are automatically enrolled for the program and do not need to apply to receive the benefit.
Along with Foster and Kinship Caregivers, anyone currently receiving regular monthly benefits through Assured Income for the Severely Handicapped (AISH), Income Support or Alberta Seniors Benefit, or receiving services through the Persons with Developmental Disabilities (PDD) program will automatically receive their first payment starting January 31.
Affordability payments for AISH, Income Support and PDD clients
All clients accessing AISH, Income Support or PDD are automatically enrolled in the program and do not need to sign up to receive their benefits. They will receive their first $100 payments starting January 31.
Payments will be delivered the same way as a client’s regular monthly benefits, whether by automatic deposit or a physical cheque.
Payments will be delivered by physical cheque for existing PDD clients who are not receiving AISH or Income Support benefits.
Beneficiaries will also be notified directly about their enrollment in the payment program and related information.
These payments will be treated as exempt income by the AISH and Income Support programs and will not impact eligibility or financial benefits.
Parents in these programs with children under 18 can also receive $600 in additional payments per child. They will need to apply online or in person for these payments starting January 18.
Affordability payments for seniors
All Albertans 65 or older with household incomes below $180,000 will soon be eligible for $600 over six months in monthly affordability payments.
Albertans receiving the Alberta Seniors Benefit are automatically enrolled in the program and do not need to sign up to receive their benefits. The distribution of additional monthly payments will begin January 31.
Eligible seniors who are not receiving the Alberta Seniors Benefit will need to apply for affordability payments by creating or confirming their Verified Account and applying for benefits via the online portal or in person at a registry office or through Alberta Supports when the portal opens on January 18.
Affordability payments for parents or guardians caring for children under 18
Families with household incomes below $180,000 per year will soon receive a total of $600 for each dependent child under 18 over six months. Eligible parents can apply for affordability payments by creating or confirming their Verified Account and applying for benefits via the online portal or in person at a registry office or through Alberta Supports when the portal opens on January 18.
Affordability payments for foster and kinship caregivers caring for children under 18
Eligible kinship or foster caregivers caring for a child under the age of 18 are automatically enrolled in the program and do not need to sign up to receive their affordability payments. They will receive their first payments at the end of January.
Payments will be delivered the same way as regular monthly benefits, whether by automatic deposit or physical cheque.
Monthly payments will be rolled out starting January 31.
Alberta’s government is delivering immediate cost of living and inflation relief while also working to support long-term affordability. Albertans can learn more about all the broad-based and targeted affordability relief programs online.
Quick facts:
Alberta’s government will use CRA 2021 tax data to verify eligibility based on income.
Applications can be submitted until June 30, with payments being retroactive to include previous months when a person was eligible.
Once the application process is successfully completed, most Albertans will receive payments at the end of that month. Exact timing will vary for each individual.
Alberta has had verified accounts since 2015 as a way for Albertans to safely and securely access a growing number of government services.
As with all online accounts, Albertans should use strong passwords and not share their password with anyone else. Tips on how to create a strong password are available on the Government of Alberta site.
The Alberta government will not send texts or emails asking Albertans to submit personal or banking information to receive payments.
Additional information, including a video and answers to questions, is available at alberta.ca/affordable.
“Our government is committed to keeping Alberta affordable. By the end of January, most Alberta seniors and families will be able to apply for and receive monthly affordability payments that will provide real relief and help to offset inflationary pressures.”
Amid the tariff war, the price of West Texas Intermediate oil—a common benchmark—recently dropped below US$60 per barrel. Given every $1 drop in oil prices is an estimated $750 million hit to provincial revenues, if oil prices remain low for long, there could be big implications for Alberta’s budget.
The Smith government already projects a $5.2 billion budget deficit in 2025/26 with continued deficits over the following two years. This year’s deficit is based on oil prices averaging US$68.00 per barrel. While the budget does include a $4 billion “contingency” for unforeseen events, given the economic and fiscal impact of Trump’s tariffs, it could quickly be eaten up.
Budget deficits come with costs for Albertans, who will already pay a projected $600 each in provincial government debt interest in 2025/26. That’s money that could have gone towards health care and education, or even tax relief.
Unfortunately, this is all part of the resource revenue rollercoaster that’s are all too familiar to Albertans.
Resource revenue (including oil and gas royalties) is inherently volatile. In the last 10 years alone, it has been as high as $25.2 billion in 2022/23 and as low as $2.8 billion in 2015/16. The provincial government typically enjoys budget surpluses—and increases government spending—when oil prices and resource revenue is relatively high, but is thrown into deficits when resource revenues inevitably fall.
Fortunately, the Smith government can mitigate this volatility.
The key is limiting the level of resource revenue included in the budget to a set stable amount. Any resource revenue above that stable amount is automatically saved in a rainy-day fund to be withdrawn to maintain that stable amount in the budget during years of relatively low resource revenue. The logic is simple: save during the good times so you can weather the storm during bad times.
Indeed, if the Smith government had created a rainy-day account in 2023, for example, it could have already built up a sizeable fund to help stabilize the budget when resource revenue declines. While the Smith government has deposited some money in the Heritage Fund in recent years, it has not created a dedicated rainy-day account or introduced a similar mechanism to help stabilize provincial finances.
Limiting the amount of resource revenue in the budget, particularly during times of relatively high resource revenue, also tempers demand for higher spending, which is only fiscally sustainable with permanently high resource revenues. In other words, if the government creates a rainy-day account, spending would become more closely align with stable ongoing levels of revenue.
And it’s not too late. To end the boom-bust cycle and finally help stabilize provincial finances, the Smith government should create a rainy-day account.
In 2024, construction started on 47,827 housing units—the most since 48,336 units in 2007 when population growth was less than half of what it was in 2024.
Alberta has long been viewed as an oasis in Canada’s overheated housing market—a refuge for Canadians priced out of high-cost centres such as Vancouver and Toronto. But the oasis is starting to dry up. House prices and rents in the province have spiked by about one-third since the start of the pandemic. According to a recent Maru poll, more than 70 per cent of Calgarians and Edmontonians doubt they will ever be able to afford a home in their city. Which raises the question: how much longer can this go on?
Alberta’s housing affordability problem reflects a simple reality—not enough homes have been built to accommodate the province’s growing population. The result? More Albertans competing for the same homes and rental units, pushing prices higher.
Population growth has always been volatile in Alberta, but the recent surge, fuelled by record levels of immigration, is unprecedented. Alberta has set new population growth records every year since 2022, culminating in the largest-ever increase of 186,704 new residents in 2024—nearly 70 per cent more than the largest pre-pandemic increase in 2013.
Homebuilding has increased, but not enough to keep pace with the rise in population. In 2024, construction started on 47,827 housing units—the most since 48,336 units in 2007 when population growth was less than half of what it was in 2024.
Moreover, from 1972 to 2019, Alberta added 2.1 new residents (on average) for every housing unit started compared to 3.9 new residents for every housing unit started in 2024. Put differently, today nearly twice as many new residents are potentially competing for each new home compared to historical norms.
While Alberta attracts more Canadians from other provinces than any other province, federal immigration and residency policies drive Alberta’s population growth. So while the provincial government has little control over its population growth, provincial and municipal governments can affect the pace of homebuilding.
For example, recent provincial amendments to the city charters in Calgary and Edmonton have helped standardize building codes, which should minimize cost and complexity for builders who operate across different jurisdictions. Municipal zoning reforms in Calgary, Edmonton and Red Deer have made it easier to build higher-density housing, and Lethbridge and Medicine Hat may soon follow suit. These changes should make it easier and faster to build homes, helping Alberta maintain some of the least restrictive building rules and quickest approval timelines in Canada.
There is, however, room for improvement. Policymakers at both the provincial and municipal level should streamline rules for building, reduce regulatory uncertainty and development costs, and shorten timelines for permit approvals. Calgary, for instance, imposes fees on developers to fund a wide array of public infrastructure—including roads, sewers, libraries, even buses—while Edmonton currently only imposes fees to fund the construction of new firehalls.
It’s difficult to say how long Alberta’s housing affordability woes will endure, but the situation is unlikely to improve unless homebuilding increases, spurred by government policies that facilitate more development.