Alberta's tax relief plan may help spur the creation of 58,000 additional jobs in 2022.
Alberta’s personal income tax return relies on federally-determined income to calculate provincial income.
Calgary households will see a $60 property tax increase, on average.
The Trump administration has lowered business tax rates and introduced accelerated depreciation.
Canadian provinces comprise nine of the 10 jurisdictions with the highest combined personal income tax rates in Canada and the U.S.
Tax reforms effectively reduced the U.S. business tax rate by 34 per cent.
Business subsidies can also irritate our trading partners, threatening Canadian access to foreign markets including the U.S.
The province will spend nearly $22 billion on health care in 2018/19.
The overall tax rate on new investment in the U.S. may fall to 18.6 per cent compared to 21.6 per cent in Canada.
Canada’s top earners pay a disproportionate and growing share of the country’s taxes.