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2006 Alberta Budget Impact Paper

This paper was prepared by the Compensation Sector, Accounting, Banking and Compensation Branch, Public Works and Government Services Canada (PWGSC). It should be noted that this document is not all encompassing. Employees may find this document informative from a personal perspective.

The following items, which are relative to the compensation product, were introduced in the Alberta budget speech that was presented by the Honourable Shirley McClellan, Minister of Finance for the Government of Alberta on March 22, 2006.

ITEMS AFFECTING PWGSC COMPENSATION SYSTEMS

Personal Tax Credits

The basic personal amount, spouse or common-law partner amount and eligible dependant amount will increase by $100 to $14,899 for 2006.

Impact: PWGSC compensation systems will be programmed to reflect this change effective July 1, 2006.

To review the 2006 Alberta budget documents, please visit this site:

http://www.gov.ab.ca/budget2006/  WWW