Alberta will reduce its corporate income tax rate to 8 per cent.
business income tax
Alberta's corporate income tax rate will drop from 10 per cent to 8 per cent.
The Trudeau government raised the top federal income tax rate from 29 per cent to 33 per cent.
The province projects a $535 million increase in net debt this year alone.
The federal government's income tax hikes took effect in 2016.
If investors can fetch a higher after-tax return by investing in Ontario over Alberta, there’s a good chance they will.
Private-sector investment is slated to fall again this year—the fourth consecutive annual decline.
From 2014 to 2016, non-residential business investment in B.C. declined 19 per cent after accounting for inflation.
The PC platform would not reduce the sky-high top marginal rate facing highly-skilled workers.
The Wynne government’s “Fair Hydro Act” borrows money, which must be paid back, to lower energy costs.