The province's corporate income tax rate would drop from 12 per cent to 8 per cent.
corporate income tax
Alberta's tax relief plan may help spur the creation of 58,000 additional jobs in 2022.
Since its inception, the U.S. federal minimum wage has never been reduced.
Investment by Canadians abroad has increased while foreign investment into Canada has decreased.
New government plans to reduce rate to 8 per cent.
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.
Ontario once benefitted from some of the lowest power prices on the continent—not now.
High corporate income tax rates can undermine economic performance.
If investors can fetch a higher after-tax return by investing in Ontario over Alberta, there’s a good chance they will.