If the NDP loses the May 29 provincial election, as I suspect it will, we will be able to trace the beginning of its defeat to Tuesday, May 16. That’s the day…
That’s the kind of increase that causes Alberta-based businesses to put off expansion plans and delay hiring new workers. It’s also the kind of increase that scares away investors from outside the province.
Now Notley and her party are proposing a tax hike almost double the size of the one that cost tens of thousands of jobs last time. Mintz points out, too, that Alberta is not just in competition with other provinces for investment, but with American states, too. At present, we have more competitive taxes than 44 states. After the Notley hike, we will be more competitive than just 26.
The UCP campaign expected the NDP to pledge a 10 per cent corporate tax increase with small deficits for two or three years. Instead, it was stunned by the staggering, one-step rise.
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