Attempts to reestablish Alberta as a pro\u002Dbusiness jurisdiction will be dashed if Notley implements her anti\u002Dcorporate agenda
by the post-Klein Tories, the general corporate income tax rate was further reduced to 10 per cent.
That all changed when the NDP came to power in 2015. To finance its big spending plans, Notley made the personal income tax system even more progressive and raised the general corporate rate by two points.
Equally as importantly, it signalled to investors that, although Ottawa was hostile towards the province’s economic engine, at the very least Alberta had a government that was willing to fight for its prosperity.Article content Investment in the province has been trending upward since it hit a low in 2020, but the effects of the UCP’s attempts to reestablish Alberta as a pro-business jurisdiction will be dashed if Notley successfully implements her anti-corporate agenda.Jamie Sarkonak: Rachel Notley's cynical plan for ethnic enclaves in Alberta schools
Notley has always tried to walk a fine line of not offending Albertans’ fiscally conservative sensibilities, while also engaging in the type of reckless spending that is the party’s bread and butter. True to form, she has been promising for weeks that her government will balance the budget and hold the line on personal income taxes, while pledging more money for health care, childcare, infrastructure and education.
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