Alberta Provincial Highway No.

54,[2] commonly referred to as Highway 54, is an east–west highway located in central Alberta.

It is 70 kilometres (43 mi) in length, starting at Highway 22 (Cowboy Trail), 8 kilometres (5.0 mi) west of the Village of Caroline, and ending at exit 365 of Highway 2 (Queen Elizabeth II Highway) at the south end of the Town of Innisfail.

[3][4] Highway 54 originally passed through Innisfail's central business district along 50 Street, ending at Highway 2 / Highway 590 interchange.

In 2008, Highway 54 was aligned along a new bypass and linked to Highway 2 at an interchange that was previously opened in 2005.