On February 28, 2023, Travis Toews, Alberta’s Finance Minister, announced the 2023 Alberta Budget. The Budget aims to make life more affordable for post-secondary students and families and grow the economy through various tax credits, targeting specific industries.
No changes were made to the existing provincial personal and corporate tax rates.
Crowe MacKay’s tax experts summarize Alberta’s new tax measures below. If you require assistance, connect with us in Alberta, British Columbia, Northwest Territories, or the Yukon.