Alberta Accountant Services – Alberta Revenue
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Forecast Provincial revenue is projected to be $50 billion in 2020-21, or $1 billion lower than forecast in 2019-20. Revenue is forecast to stay relatively stable in 2021-22 and then grow to $58.1 billion in 2022-23, mainly by increasing income taxes and bitumen royalties. Table 1: Budget 2020 Revenue (millions of dollars) Revenue sources 2018-19 Actual