The recent move by Kinder Morgan on the Trans Mountain pipeline was a massive blow to Canada’s investment attractiveness.
The province increased its top personal income tax rate by 50 per cent.
The Notley government in Alberta took office facing severe fiscal challenges. Unfortunately, this week’s fiscal update from Alberta Finance Minister Joe Ceci shows that the new government’s early actions have made a bad fiscal situation worse.
Rachel Notley’s New Democratic government faces severe fiscal challenges it did not create, but it has an opportunity to solve them. Will her NDP government clean up the fiscal mess left behind by its Progressive Conservative predecessor?
In its recent Speech from the Throne, the new Alberta government reiterated its plans to make life more expensive in Alberta.
Alberta’s economy is still on shaky ground as oil prices remain depressed relative to last year’s levels.