Jobs are one of the most important issues that I hear from residents on the doors. We need to create a climate where people want to invest and where employers have the confidence to hire.

This morning the Alberta Party​ released our Jobs First platform to attract investment and create jobs for Alberta families. You can click on the link to read the full details or you can take a look at some of the key points below.

https://www.albertaparty.ca/jobs

  • The Alberta general corporate tax rate will be reduced from 12% to 10%. This will restore Alberta’s place as the most competitive jurisdiction in Canada on corporate tax rates. The rate will be rolled out in 0.5% increments.
  • The Alberta Small Business Deduction will be doubled from $500,000 to $1,000,000. All other aspects of the Small Business Deduction will remain the same, including the existing small business tax rate of 2%.
  • The capital cost allowance in Alberta will be adjusted to 100% for all new investment. This will supercharge private investment.
  • This package will have a short-term budget impact in the first year of approximately $400 million. The package will pay for itself by its third year and by full implementation in 2023 it will generate an estimated $1.5 billion in additional annual revenue.