Posts Tagged ‘cash flow statement’

Highlights of the 2013-2014 Alberta Budget!

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Here are the highlights of Alberta’s 2013/14 Budget! Revenues are estimated at $38.6 billion, $36.4 billion in expenses (0% increase) with a $2.2 billion deficit. Last year, the government was projecting a surplus of $1 billion and $49 billion in revenues in 3 or 4 years with a surplus of $5 billion with surpluses to be added to the Sustainability Fund.

The 3rd quarter report shows revenues at $28.064 billion – $763 million lower than budgeted. Note that resource revenue was $2.431 billion lower due to a rapidly changing energy market, discounted bitumen prices by 23% (!), lower land sales, higher exchange rates and global uncertainty & impact on oil and gas prices. Note that the Disaster / Emergency Assistance program budgeted $26 million and due to severe weather insurance claims and forest fire fighting, $587 million was expended! Lastly note that Doug Horner has indicated that about $600 million has partially offset revenue expectations due to higher corporate income tax, stronger investment income, and, higher gaming and liquor sales. Also note that Ministry expenses were $447 million lower. The deficit stands at $1.98 billion – $498 million higher than expected. The 2012/2013 deficit is estimated at $3.5 – $4 billion. As of Dec 31/12 the Sustainability fund was at $3.4 billion. The Heritage Trust Fund stands at $16.5 billion with $286 million added in 2013/2014.

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Here are the highlights of Alberta’s 2013/14 Budget! Revenues are estimated at $38.6 billion, $36.4 billion in expenses (0% increase) with a $2.2 billion deficit. Last year, the government was projecting a surplus of $1 billion and $49 billion in revenues in 3 or 4 years with a surplus of $5 billion with surpluses to […]

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Summary of Provincial & Federal Grant and Contribution Programs

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Provincial Grant Programs 

Alberta Innovates Technology Futures – Capacity Building Programs 

Did to you know that if a business was able to access all of the Industry Capacity Building Programs offered through Alberta Innovates Technology Futures, this would add up to over $400,000 in grants! The programs are:

1. The $15,000 Alberta Voucher for conducting an Opportunity Assessment

2. The $50,000 Alberta Voucher for technology development, business planning, market studies, etc.

3. The R&D Salary grant for hiring Ph.D or Masters’ graduates for R&D work, and

4. The Commercialization Associates Salary Program for hiring a Marketing / Business Development Manager to take the technology to market.

5. The Product Demonstration Fund – $100,000 to $300,000 in matching grants.

The following section provides a brief description of these programs and key criteria for successful application.

Email us at info@strategictimelines.com for the most recent copy of the full PDF- Subject Heading: Full Grant PDF Request.’

Provincial Grant Programs  Alberta Innovates Technology Futures – Capacity Building Programs  Did to you know that if a business was able to access all of the Industry Capacity Building Programs offered through Alberta Innovates Technology Futures, this would add up to over $400,000 in grants! The programs are: 1. The $15,000 Alberta Voucher for conducting […]

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