A new report from the Business Council of Alberta says the province has expense and revenue problems.
“We spend too much, and we don’t bring in enough, and the reality is we’re not going to solve that problem by tackling either/or,” Adam Legge, president of the Business Council of Alberta, told Rob Breakenridge on Global News Radio 770 CHQR on Wednesday.
The 21-page BCA report released Wednesday endorses much of the cost-savings the MacKinnon panel produced in its 2019 report. But it also advocates for the adoption of an eight per cent harmonized sales tax (HST) and the reintroduction of a provincial carbon tax of $50/tonne to increase the province’s revenues.
Sales, carbon tax needed to counter Alberta’s ‘rapid’ fiscal deterioration, business council says | Globalnews.ca
The Business Council of Alberta says the province needs to address its income and expenditures to make sure its finances are sustainable.
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