Cutting the corporate tax rate would help lower Canada’s overall effective tax rate on new investment.
corporate taxes
Reducing Canada’s corporate tax rate will directly promote business investment.
Corporate tax hike will reduce earnings for typical two-earner household in Alberta by about $830 per year.
Lower corporate taxes bestow important benefits on individual Canadians.
Canada's new top federal tax rate of 33 per cent is being layered on top of several tax increases by the provinces.
When the new federal top tax rate takes effect, Alberta will have one of the highest top rates in North America.
Every one per cent increase in the corporate income tax could translate into a loss of several hundred dollars per year for the average Canadian worker.
There are many parallels between Alberta’s first NDP premier, Rachel Notley, and Ontario’s only NDP premier, Bob Rae.