Alberta income tax cut still on the table despite oil prices dip

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Alberta income tax cut still on the table despite oil prices dip
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A provincial income tax cut could be coming for Albertans, along with a reprieve at the pumps, in connection with the price of oil.

A rainbow appears to come down on pumpjacks drawing out oil and gas from wells near Calgary, Alta., Monday, Oct. 10, 2022.

Parsons says the price drop is due to three factors, including demand in China slowing, tensions and conflict in the Middle East and how quickly OPEC will curtail production back online. "They are going to have a bit of a crunch, and one of the main reasons why is they must keep their promise to cut income tax in Alberta."

"As the premier stated in July, ‘there will be a tax cut coming sooner than we had initially expected,’" said senior press secretary Justin Brattinga.'Baffling': MP says Alberta minister made false claims about pandemic billB.C. election results: NDP pulls ahead in key riding that could help party clinch majority

Marred by several delays, the trial of alleged human traffickers Lauriston and Amber Maloney finally got underway on Monday in a Bradford courtroom, with a woman who worked and lived with the couple testifying.The Canadian Radio-television and Telecommunications Commission has granted Google a five-year exemption from the Online News Act, ordering it to pay $100 million to Canadian news outlets within 60 days.

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