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Check the menu to your right for the latest news at Alberta Finance, or go to our News Releases index.

Tax and Revenue Administration - Important Filing, Remittance and Claim Dates
February 5, 2008

For the convenience of Tax and Revenue Administration's stakeholders, we have added a new series of web pages listing Important Filing, Remittance and Claim Dates for each of the corporate and commodity tax programs.  This is available in the left-side menu in the Taxes & Rebates section of this website.

Current Career Opportunities
February 5, 2008

Click here for career opportunities currently available at Alberta Finance.

2008 Provincial Electoral Division Profiles - Data Compiled from the 2006 Census of Canada
February 1, 2008

The 2008 Provincial Electoral Division Profiles have been released.  These profiles provide detailed demographic and socio-economic information for Alberta's Provincial Electoral Divisions based on 2006 Census data.

2007 Alberta Spatial Price Survey released
February 1, 2008

The 2007 Alberta Spatial Price Survey, a place-to-place price comparison survey of selected Alberta communities, is available on the Statistics & Publications page.

Financial Institutions documents updated
February 1, 2008

• The Credit Unions - Monthly Financial and Statistical Report and Schedules 1, 2, 3, 4, 5 and 8 have been updated and may be accessed on the Financial Institutions Publications & Forms page.
• The list of Registered Loan and Trust Corporations Operating in Alberta has been updated.

Economic information update
February 1, 2008

Included are the Economic Review and Current Economic Indicators by Province documents, which contain statistics on employment, retail sales, housing starts, manufacturing shipments, population, CPI inflation, business investment, salary and wages, and GDP.

This information is updated weekly, usually by Friday afternoon.  Also included are labour force statistics and economic spotlights.  Go to our Economic Information page.

GST-Free Alberta Government Entities list updated
February 1, 2008

The GST-Free Alberta Government Entities list has been updated, recognizing the recent division of the Energy and Utilities Conservation Board into two separate organizations -  The Alberta Utilities Commission (AUC) and the Energy Resources Conservation Board (ERCB).  Both are GST-Free entities.  More information.

Prescribed Rebate Off-road Percentages (PROP) new and updated forms
January 31, 2008

The following Prescribed Rebate Off-road Percentages (PROP) forms and instructions have been updated or are new:

• AT341 - PROP Enrolment Application Form
• IN341 - Instructions for Completing AT341
• AT4748 - PROP Enrolment Applicaton Form - Schedule 2 - List of Vehicles and Unlicensed Equipment Used in Off-road Operations
• AT4750 - PROP Vehicle Enrolment Agreement (new form)
• AT4752 - PROP Application Form - Schedule A - Listing of Fuel Purchases (new form)

Directors appointed to Alberta Investment Management Corporation (AIMCo)
January 23, 2008

Edmonton... The Alberta government has appointed two additional directors as part of creating a world-class board to oversee the newly established Alberta Investment Management Corporation.

The corporation is responsible for managing approximately $70 billion in government savings, public sector pension plans and other funds.

Eight directors were announced in 2007. The additional directors are:

• John Watson, former executive vice-president and Chief Financial Officer, EnCana Corporation;
• Virginia Holmes, former CEO, AXA Investment Managers Ltd, London, UK.

For more information, please see the complete information bulletin or visit the AIMCo website.

Provincial-Territorial Council of Ministers of Securities Regulation - 2007 Year-End Progress Report released
January 22, 2008

The Provincial / Territorial Council of Ministers of Securities Regulation - 2007 Year-End Progress Report has been released.  For more information please visit the Provincial-Territorial Securities Initiative website.

2006 Census Highlights
January 18, 2008

Release 5, Aboriginal Release, has been added to the Highlights of the 2006 Census of Canada page on this website.

January 2008 issue of Tax Notes
January 15, 2008

The January 2008 issue of Tax Notes has been published online. Here are some of the articles you'll find:

• 2007 in review
• Tax and Revenue Administration is looking for your input on its Fairness and Service Pledge
• an update on the new unclaimed property registry
• DRATS – improving objection and appeal resolution
• Changes to PROP
• Audit’s aggressive tax planning team and what it means to you ...

... and more. You may also subscribe to receive Tax Notes via email.

Pensions EPPA Update 08-01: Capital Accumulation Plans (CAP) Guidelines - Surveys of Plan Sponsors
January 15, 2008

The Superintendent of Pensions is an active participant in the Canadian Association of Pension Supervisory Authorities (CAPSA) and in the Joint Forum of Financial Market Regulators (Joint Forum).  The Joint Forum has recently released a voluntary survey aimed at plan sponsors and service providers of Capital Accumulation Plans (CAP), which include defined contribution registered pension plans registered with the Superintendent’s office.

The Joint Forum is conducting a review to assess to what extent the guidelines have been successful in achieving their original objectives and to determine whether any changes are required to the guidelines.

• EPPA Update 08-01: Capital Accumulation Plans (CAP) Guidelines - Surveys of Plan Sponsors

Pensions Document Update
January 9, 2008

The Superintendent's List of Financial Institutions offering locked-in pension products (pdf) has been updated.

Pension Fund Unlocking Application Form and Instructions updated
January 2, 2008

• Form 51, Application Form to Unlock Pension Funds due to Financial Hardship, and the associated Instructions and Policies document, have been updated.

Increased provincial tax credits to benefit Albertans
December 20, 2007

Edmonton... Albertans will see an increase in provincial tax credits for 2008, part of the continuing process of indexing the tax system to inflation started in 2001.

This latest increase in tax credits brings the province’s basic personal exemption, spousal exemption and eligible dependant amounts to $16,161, a 4.7 per cent increase over last year’s amount of $15,435.

A typical family of four can now earn up to $40,900 with the Alberta Family Employment Tax Credit before paying any provincial income tax. An estimated 37,200 fewer Albertans will pay provincial income tax in 2008.

Albertans benefit from the highest basic and spousal tax exemption amounts in Canada and pay the lowest overall taxes. If Alberta had the same tax system as any other province, Albertans and Alberta businesses would pay at least $8.3 billion more in taxes.

• Complete information bulletin

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