The oil and gas industry accounts for almost 30 per cent of the provincial economy.
This year Alberta once again failed to make the top 20 ranked jurisdictions worldwide.
Kenney could have proposed pairing his 8 per cent corporate tax with an 8 per cent single-rate personal income tax.
Until recently, Alberta had the most pro-growth tax regime in Canada.
Cutting Alberta’s corporate income tax to 8 per cent would substantially improve Alberta’s competitiveness.
The province's unemployment rate is 7.3 per cent.
The government plans to spend Alberta’s carbon tax revenues on "energy efficiency" programs.
The province has one of the highest top personal income tax rates in North America.
Alberta now has the 10th highest top personal income tax rate in Canada or the U.S.