Alberta has run nearly uninterrupted deficits since 2008/09.
alberta income tax rate
If taxes are competitive and firms are incentivized to invest, jobs will be created.
An estimated 1,374 new businesses will not startup in the province due to the higher tax rate.
Since 2015, the Alberta government has increased corporate income taxes, implemented a carbon tax, and introduced more environmental regulations.
When the new federal top tax rate takes effect, Alberta will have one of the highest top rates in North America.