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Canada: No tax rate changes proposed in Alberta’s 2019 budget

Canada: No tax rate changes, Alberta’s 2019 budget

Alberta’s Finance Minister on 24 October 2019 delivered the province’s 2019 budget.


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The budget does not propose any new changes to the corporate or individual (personal) income tax rates; however, it would repeal several tax credits, including the scientific research and experimental development (SR&ED) tax credit, and would “pause” the annual indexation of personal non-refundable tax credits and tax bracket thresholds.

Read an October 2019 report [PDF 78 KB] prepared by the KPMG member firm in Canada

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