Quebec spent roughly the same amount of money on corporate welfare as it collected in business income tax revenue.
Quebec spent roughly the same amount of money on corporate welfare as it collected in business income tax revenue.
Research suggests corporate income taxes are among the most harmful components of the provincial tax mix.
The evidence suggests that workers pay more than half of any corporate tax.
Alberta will reduce its corporate income tax rate to 8 per cent.
Alberta's corporate income tax rate will drop from 10 per cent to 8 per cent.
The province's corporate income tax rate would drop from 12 per cent to 8 per cent.
Alberta's tax relief plan may help spur the creation of 58,000 additional jobs in 2022.