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Old 12-03-2019, 12:01 AM   #3645
GGG
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Quote:
Originally Posted by Cowboy89 View Post
Keeping Alberta's largest companies in Alberta might just be prudent financial management. Also the $4.7 billion number is massively over dramatized. It's under a billion a year in actual cash and having more competitive corporate tax rates might help keep some of Canada's largest companies and their high paying jobs from moving to the US such as Enbridge, TC energy and others.
Not really, if you are moving for tax rates the latest US changes at the federal level have made us non competitive. I don’t see any reason to be any lower then a 1/2 point lower then next lowest province.

Texas is 1% and US Federal is 21%.

Even after Kenny’s cuts we are only down to 23%.

Besides TC and Enbridge are leaving because their core businesses aren’t in Canada anymore.

Last edited by GGG; 12-03-2019 at 12:07 AM.
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