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.
A proliferation of regulations and government interventions have dramatically shaken investor confidence.
If taxes are competitive and firms are incentivized to invest, jobs will be created.
Alberta tax changes have hurt the province’s investment attractiveness.
The Notley government imposed a 100 megatonne cap on greenhouse gas emissions from the oilsands.
Prior to the Notley government tax changes, Alberta’s corporate tax rate was the lowest in Canada.
The Notley government raised corporate income taxes by about 20 per cent.