News
The latest news, editorials, and conversations shaping Alberta’s business environment.
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Lower Taxes are better for Business
Professor Jack Mintz has indicated, even a 3% tax increase, combined with a forthcoming removal of federal capital cost allowances, could cost Alberta upwards of $3 billion in lost investments and almost 100,000 jobs. That is 100,000 of our neighbors unemployed.
Professor Jack Mintz has indicated, even a 3% tax increase, combined with a forthcoming removal of federal capital cost allowances, could cost Alberta upwards of $3 billion in lost investments and almost 100,000 jobs. That is 100,000 of our neighbors unemployed.
Turning Energy into Food
Canada’s small businesses have a big impact on our economy. As of 2021, there were 1.21 million employer businesses in the country. Of that number, nearly 98 per cent were small businesses. Over eight million Canadians, or roughly 68 per cent of the total private sector labour force, were employed by a small business.1 To top it off, they generated nearly 38 per cent of private sector GDP in 2019.
Canada’s small businesses have a big impact on our economy. As of 2021, there were 1.21 million employer businesses in the country. Of that number, nearly 98 per cent were small businesses. Over eight million Canadians, or roughly 68 per cent of the total private sector labour force, were employed by a small business.1 To top it off, they generated nearly 38 per cent of private sector GDP in 2019.
