Ontario once benefitted from some of the lowest power prices on the continent—not now.
corporate tax rate
Effective Tax and Royalty Rates on New Investment in Oil and Gas after Canadian and American Tax Reform
Cutting the corporate tax rate would help lower Canada’s overall effective tax rate on new investment.
Prior to the Notley government tax changes, Alberta’s corporate tax rate was the lowest in Canada.
B.C. is significantly raising its carbon tax rate—by 66 per cent, from $30 to $50 per tonne.
Business subsidies can also irritate our trading partners, threatening Canadian access to foreign markets including the U.S.
Both Saskatchewan and British Columbia now have lower corporate tax rates than Alberta.
The Wynne government’s “Fair Hydro Act” borrows money, which must be paid back, to lower energy costs.
Premier Wynne can now finish what Premier McGuinty started.
Corporate tax hike will reduce earnings for typical two-earner household in Alberta by about $830 per year.