Carbon pricing should be focused on actually reducing emissions. The NDP’s carbon tax is nothing more than a cash cow designed to fund their pet projects, and it unfairly penalizes families for living in Alberta. We don’t have a choice on whether to heat their homes in winter. It’s unfair to punish Albertans for driving their cars when we are geographically spread out. Our system stops punishing moms and dads for living their lives and raising their families, and instead rewards industries that make concrete efforts to actually reduce carbon emissions.
Alberta families would no longer pay the carbon tax on home heating. This recognizes the climate realities in Alberta.
The existing NDP carbon tax would be eliminated for businesses that emit less than 100,000 tonnes of greenhouse gases. The existing NDP carbon tax would be eliminated on gasoline and propane used in vehicles and heating.
Businesses emitting less than 100,000 tonnes of GHGs would have the ability to opt-in to the system to generate carbon credits they can sell to large emitters for profit on open carbon markets.
The Alberta Party’s carbon price would apply to aviation fuel, locomotive fuel, fuel used in resource extraction, and large scale industrial emissions.
When I chat with residents of Calgary-South East one of the most important issues that I hear from residents on the doors is the economy. We need to create a climate where people want to invest and where employers have the confidence to hire.
Earlier this week the Alberta Party released our Jobs platform to attract investment and create jobs for Alberta families. You can click on the link to read the full details or you can take a look at some of the key points below.
– The Alberta general corporate tax rate will be reduced from 12% to 10%. This will restore Alberta’s place as the most competitive jurisdiction in Canada on corporate tax rates. The rate will be rolled out in 0.5% increments.
– The Alberta Small Business Deduction will be doubled from $500,000 to $1,000,000. All other aspects of the Small Business Deduction will remain the same, including the existing small business tax rate of 2%.
– The capital cost allowance in Alberta will be adjusted to 100% for all new investment. This will supercharge private investment.
– This package will have a short-term budget impact in the first year of approximately $400 million. The package will pay for itself by its third year and by full implementation in 2023 it will generate an estimated $1.5 billion in additional annual revenue.
On Wednesday, Alberta Party Leader Stephen Mandel announced that an Alberta Party government will pursue the most ambitious plan for early learning and child care in the history of Alberta. Full details and press release are located at the link below, but you will also find key points right here: