Jason Kenney speaks to the media at his first convention as leader of the United Conservative Party in Red Deer, Alta., Sunday, May 6, 2018. (THE CANADIAN PRESS/Jeff McIntosh)

Jason Kenney would cut corporate tax rate to eight per cent

UCP leader says that would make it the lowest rate in Canada

Alberta Opposition Leader Jason Kenney says a United Conservative government would drop the corporate income tax rate to eight per cent from 12 per cent by 2022.

Kenney says it would be the lowest rate in Canada and would pay for itself as employers used the tax break to create more jobs, propelling other tax revenues to grow.

READ MORE: Jason Kenney pushes for lower minimum wage for youth, alcohol servers

Kenney says the rate would drop by one percentage point each year, starting this July, if his party should win the spring election.

The UCP’s cornerstone policy is to grow the economy by cutting taxes and eliminating what Kenney says are duplicate or unnecessary regulations and red tape.

Alberta’s 12 per cent corporate tax rate is the same as in B.C. and Saskatchewan, so Kenney says there is no incentive for employers to move from those provinces to Alberta.

Premier Rachel Notley’s government increased the rate two percentage points after the 2015 election.

The NDP have noted that even with the change, Albertans still enjoy the lowest overall tax burden in Canada.

The Canadian Press

Just Posted

Justice Minister discusses rural crime in Lacombe

Minister Doug Schweitzer: “Our democracy is founded on public safety”

Testing winter feed

Testing winter feed lets producers know what nutrients are available

Rural municipalities bracing for possible RCMP cost hike

If proposal from province goes through, it could cost Ponoka County big time

Fed up residents make complaint at Ponoka County council

“Careless” dirt bike, ATV activity spurs residents to call out Ponoka County

VIDEO: Trudeau asks Canada to look to current, not past, actions on race

Liberal leader says he never spoke about the racist photo because he was embarrassed

Judge finds Alberta couple not guilty in toddler son’s death

It was the second trial for the Stephans, who were found guilty by a jury in 2016

Alberta couple charged in toddler son’s death to learn fate from judge

David and Collet Stephan are charged with failing to provide the necessaries of life

Alberta government pitching that small rural areas pay for policing: NDP

Those 291 districts represent about 20 per cent of the Alberta population

Alberta inquiry into oil and gas foes could face legal challenge from Ecojustice

Alberta Premier Jason Kenney has repeatedly accused U.S. charities of bankrolling efforts

Yearbook photo surfaces of Trudeau wearing ‘brownface’ costume in 2001

The report describes the occasion as an ‘Arabian Nights’-themed gala event

‘Troubling, insulting’: NDP Leader Jagmeet Singh reacts to Trudeau’s brownface photo

Jagmeet Singh, leader of the New Democrats, responded with a call for love after Trudeau photos surface

VIDEO: Party leaders react to Trudeau’s brownface photo bombshell

Fallout from Justin Trudeau’s brownface photo, and two other instances, sure to dominate campaign

Most Read