Highlights of the Alberta budget

EDMONTON – Highlights of the Alberta 2013-14 budget presented Thursday:

— No increases in overall day-to-day spending, but revenue shortfall means a $2-billion deficit.

— $4.3-billion in borrowing for roads, schools and hospitals.

— Total revenue of $38.6 billion.

— No new or increased taxes.

— Health spending to increase by three per cent to $17.1 billion.

— $2-billion in government operating grants to post-secondary institutions cut by almost seven per cent.

— Expected resource revenue of $7.3 billion, half of what was originally expected, due to lower prices for oilsands bitumen.

— New legislation to mandate that portion of non-renewable resource revenue be put into savings.

— No layoffs planned beyond previously announced 480 government management positions.

— No extra money for doctors, teachers, nurses or other government workers who are now in contract negotiations with the province.

— Population expected to grow by 99,000 this year.