The Minister of Finance of Alberta presented the province’s fiscal budget 2017-18 on 16th March 2017. The budget includes no new taxes, and no tax increases or decreases that had not been announced previously. The general corporate income tax rate (i.e. 12%) for Alberta remains unchanged. According to the announcement in Budget 2016, the small-business rate for 2017 is two per cent. The range for individual income tax rates vary from 10% to 15% to which each rate applies increasing slightly due to indexing to inflation. Tobacco and fuel tax rates remain same as before. Education property tax rates will be stationary for 2017–18. The carbon levy will increase to carbon to $30/tonne from $20/tonne for this province. As announced in budget 2016, this rate will be effective from 1st January 2018.
Related Posts
Australia, Canada sign MOU on arbitration under BEPS MLI
The Australian Taxation Office (ATO) has published a Memorandum of Understanding (MoU) with Canada outlining the
Read MoreCanada imposes provisional safeguard tariff on imports of wood cabinets, vanities
Canada’s Minister of Finance and National Revenue announced a provisional safeguard measure, in the form of a 25%
Read MoreCanada consults technical changes to Global Minimum Tax Act
The Department of Finance Canada has launched a consultation on draft amendments to the Global Minimum Tax Act that
Read MoreUS: Trump says USMCA matters more to Canada and Mexico
President Donald Trump said on Tuesday, 28 July 2026, that he has no interest in revising the six-year-old
Read MoreUS: Trump threatens tariffs on Canada over cross-border wildfire smoke
US President Donald Trump renewed his threat to impose tariffs on Canada in response to wildfire smoke drifting across
Read MoreCanada consults transfer pricing documentation amendments, various other tax measures
Canada's Department of Finance has released draft legislative proposals for public consultation on 23 July 2026 to
Read More