http://www.msn.com/en-ca/news/canada...ess/ar-AA9Xf5j
The budget will only be released tomorrow but Prentice's speech last night has already pathed ways for it.
No PST
Probably no Corporate tax increase or royalty hike
Probably no change to flat personal tax
Instead a new health care "levy" that is progressive to personal income level will be used. That is just progressive personal tax in disguise to me.
More details will come on March 26 but a levy throught the income tax system is just weird. And doing it this way, Prentice makes sure the employers aren't paying for employee's levy like that in the past.