Jesse Kline: Rachel Notley's 38% tax hike would be a death blow to Alberta prosperity

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Jesse Kline: Rachel Notley's 38% tax hike would be a death blow to Alberta prosperity
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Attempts to reestablish Alberta as a pro\u002Dbusiness jurisdiction will be dashed if Notley implements her anti\u002Dcorporate agenda

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. Yet the tax hike didn’t raise nearly as much money as. Even worse, it signalled to businesses that the era of Alberta stability was over and done with.

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

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