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News & Events

Highlights of the 2016 Alberta Budget

April 20, 2016

Alberta Finance Minister Joe Ceci delivered the province’s 2016 budget on April 14, 2016. The budget anticipates a deficit of $10.4 billion for the 2016-2017 fiscal year, with anticipated deficits of $10.1 billion for 2017-2018 and $8.4 billion for 2018-2019.

The budget reduces the small business corporate income tax rate to 2% (from 3%), provides details on the proposed carbon pricing and includes other economic measures to support small business, among other changes. Highlights of tax measures announced in the budget are summarized below.

Click here to read the full article.


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