[D as in David]

Originally Posted by Ozy_Flame

Probably a good a place as any to post it:

Edmonton Journal - Opinion: Cutting corporate taxes in Alberta didn't trickle down

Statistics confirm the sustained weakness of capital spending in Alberta, despite lower taxes. Non-residential fixed capital spending totalled just $45 billion in 2021, almost 20 per cent lower than 2018. That equaled 12 per cent of provincial GDP in 2021 — the lowest since Statistics Canada began publishing provincial GDP data in 1981. Preliminary data suggests the investment share declined further in 2022, to just 11 per cent of GDP.

Alberta’s share of Canada-wide business spending has also declined to historic lows since taxes were cut: falling to 21 per cent in 2022, from 24 per cent in 2018. Perversely, Alberta has seen its share of Canada-wide business investment fall more since 2018 than any other province.

Meanwhile, B.C., Quebec, and Ontario have all increased their share of Canada-wide business investment — despite higher provincial corporate tax rates (12 per cent in B.C., and 11.5 per cent in Quebec and Ontario).

I blame the Alberta NDP for this for not getting re-elected in 2019.