Alberta
Apply for Provincial Inflation Relief: Portal for families, seniors, vulnerable Albertans opens January 18
Inflation relief portal and payments coming soon
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.”
From the Fraser Institute
By Tegan Hill
According to the recent mid-year update tabled Thursday, the Smith government projects a $4.6 billion surplus in 2024/25, up from the $2.9 billion surplus projected just a few months ago. Despite the good news, Premier Smith must reduce spending to avoid budget deficits.
The fiscal update projects resource revenue of $20.3 billion in 2024/25. Today’s relatively high—but very volatile—resource revenue (including oil and gas royalties) is helping finance today’s spending and maintain a balanced budget. But it will not last forever.
For perspective, in just the last decade the Alberta government’s annual resource revenue has been as low as $2.8 billion (2015/16) and as high as $25.2 billion (2022/23).
And while the resource revenue rollercoaster is currently in Alberta’s favor, Finance Minister Nate Horner acknowledges that “risks are on the rise” as oil prices have dropped considerably and forecasters are projecting downward pressure on prices—all of which impacts resource revenue.
In fact, the government’s own estimates show a $1 change in oil prices results in an estimated $630 million revenue swing. So while the Smith government plans to maintain a surplus in 2024/25, a small change in oil prices could quickly plunge Alberta back into deficit. Premier Smith has warned that her government may fall into a budget deficit this fiscal year.
This should come as no surprise. Alberta’s been on the resource revenue rollercoaster for decades. Successive governments have increased spending during the good times of high resource revenue, but failed to rein in spending when resource revenues fell.
Previous research has shown that, in Alberta, a $1 increase in resource revenue is associated with an estimated 56-cent increase in program spending the following fiscal year (on a per-person, inflation-adjusted basis). However, a decline in resource revenue is not similarly associated with a reduction in program spending. This pattern has led to historically high levels of government spending—and budget deficits—even in more recent years.
Consider this: If this fiscal year the Smith government received an average level of resource revenue (based on levels over the last 10 years), it would receive approximately $13,000 per Albertan. Yet the government plans to spend nearly $15,000 per Albertan this fiscal year (after adjusting for inflation). That’s a huge gap of roughly $2,000—and it means the government is continuing to take big risks with the provincial budget.
Of course, if the government falls back into deficit there are implications for everyday Albertans.
When the government runs a deficit, it accumulates debt, which Albertans must pay to service. In 2024/25, the government’s debt interest payments will cost each Albertan nearly $650. That’s largely because, despite running surpluses over the last few years, Albertans are still paying for debt accumulated during the most recent string of deficits from 2008/09 to 2020/21 (excluding 2014/15), which only ended when the government enjoyed an unexpected windfall in resource revenue in 2021/22.
According to Thursday’s mid-year fiscal update, Alberta’s finances continue to be at risk. To avoid deficits, the Smith government should meaningfully reduce spending so that it’s aligned with more reliable, stable levels of revenue.
Author:
Better, faster, more affordable auto insurance
Alberta’s government is introducing a new auto insurance system that will provide better and faster services to Albertans while reducing auto insurance premiums.
After hearing from more than 16,000 Albertans through an online survey about their priorities for auto insurance policies, Alberta’s government is introducing a new privately delivered, care-focused auto insurance system.
Right now, insurance in the province is not affordable or care focused. Despite high premiums, Albertans injured in collisions do not get the timely medical care and income support they need in a system that is complex to navigate. When fully implemented, Alberta’s new auto insurance system will deliver better and faster care for those involved in collisions, and Albertans will see cost savings up to $400 per year.
“Albertans have been clear they need an auto insurance system that provides better, faster care and is more affordable. When it’s implemented, our new privately delivered, care-centred insurance system will put the focus on Albertans’ recovery, providing more effective support and will deliver lower rates.”
“High auto insurance rates put strain on Albertans. By shifting to a system that offers improved benefits and support, we are providing better and faster care to Albertans, with lower costs.”
Albertans who suffer injuries due to a collision currently wait months for a simple claim to be resolved and can wait years for claims related to more serious and life-changing injuries to addressed. Additionally, the medical and financial benefits they receive often expire before they’re fully recovered.
Under the new system, Albertans who suffer catastrophic injuries will receive treatment and care for the rest of their lives. Those who sustain serious injuries will receive treatment until they are fully recovered. These changes mirror and build upon the Saskatchewan insurance model, where at-fault drivers can be sued for pain and suffering damages if they are convicted of a criminal offence, such as impaired driving or dangerous driving, or conviction of certain offenses under the Traffic Safety Act.
Work on this new auto insurance system will require legislation in the spring of 2025. In order to reconfigure auto insurance policies for 3.4 million Albertans, auto insurance companies need time to create and implement the new system. Alberta’s government expects the new system to be fully implemented by January 2027.
In the interim, starting in January 2025, the good driver rate cap will be adjusted to a 7.5% increase due to high legal costs, increasing vehicle damage repair costs and natural disaster costs. This protects good drivers from significant rate increases while ensuring that auto insurance providers remain financially viable in Alberta.
Albertans have been clear that they still want premiums to be based on risk. Bad drivers will continue to pay higher premiums than good drivers.
By providing significantly enhanced medical, rehabilitation and income support benefits, this system supports Albertans injured in collisions while reducing the impact of litigation costs on the amount that Albertans pay for their insurance.
“Keeping more money in Albertans’ pockets is one of the best ways to address the rising cost of living. This shift to a care-first automobile insurance system will do just that by helping lower premiums for people across the province.”
Quick facts
- Alberta’s government commissioned two auto insurance reports, which showed that legal fees and litigation costs tied to the province’s current system significantly increase premiums.
- A 2023 report by MNP shows
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