Between May 2019—two months before the Job Creation Tax Cut came into effect—and May 2022, Alberta has seen the largest loss in the number of active businesses of all the provinces in Canada.
Conservative politicians cut taxes so they can give their rich donors more money. After all, taxes are applied to profits, not revenue, and lower taxes means more profits. But that doesn’t sell well with the public, so they tell us that low taxes creates jobs. Except tax cuts don’t create jobs. Let me explain. Companies […]
Eligible companies potentially could receive $2.25 million to subsidize wages over the next year.
Canada’s increased by only 19%.
Canadian Federation of Independent Businesses gave the UCP government an A grade for cutting regulations for businesses.
Over the last 2 years, Alberta has been one of the top 3 provinces in cannabis sales, despite having the 4th largest population.
According to the announcements, the two initiatives would collectively support about 4,000 jobs.
Don’t convince companies to move here through financial incentives. Convince them by having the best workers.
10 industries generated 83.5% of corporate income tax revenue collected by the Alberta government in 2019. Guess which one didn’t make the list.
Last week, the provincial government announced additional relief for businesses affected by COVID-19, especially those trying to reopen.