Thanks to tax hikes at both the provincial and federal levels, Alberta’s tax advantage has been demolished. Alberta went from having the lowest top marginal income tax rate in Canada and the U.S. to the tenth-highest (48%).

What a difference a decade makes.

Back in 2014, Alberta had a single personal income tax rate of 10% and the province’s top combined (federal and provincial) tax rate of 39% was the lowest in Canada and the U.S., giving Alberta a competitive advantage in attracting skilled workers and allowing Albertans to keep more of their hard-earned money.

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But today, thanks to tax hikes at both the provincial and federal levels, Alberta’s tax advantage has been demolished. Alberta went from having the lowest top marginal income tax rate in Canada and the U.S.

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