Don’t expect the province to cut business taxes here following Donald Trump’s election. Premier Rachel Notley believes Alberta’s business tax system is just fine the way it is, even if President-Elect Donald Trump decides to cut taxes south of the border.
“Even with our carbon levy fully implemented — which of course it hasn’t even been implemented yet — but even when it is, in Alberta we enjoy a $7-billion a year tax advantage over the next lowest tax province in the country. So, we retain our competitive advantage,” she said. Notley says Canada’s health care system is also attractive to business owners as costs for medical insurance are much lower here than in America.