The Alberta general election of 1986 was the twenty-first general election for the Province of Alberta, Canada. It was held on May 8, 1986 to elect members of the Legislative Assembly of Alberta. Peter Lougheed, who had created the modern Alberta Progressive Conservatives, led it to power in 1971, and served as premier of Alberta for fourteen years, retired from politics in 1985. The PC Party elected Don Getty as its new leader. The Social Credit Party of Alberta nominated no candidates. The party had governed Alberta for 36 years before getting bounced out of power by the Tories in 1971.