CALGARY – The head of one of Canada’s big railways says if Alberta’s new NDP government needs to raise taxes, his company is prepared to pay its share.
Hunter Harrison, CEO of Canadian Pacific Railway, says times are tough in Alberta right now and the government is going to have to control its deficit.
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He says if that means raising taxes, then Calgary-based CP is willing to pay up.
The NDP under leader Rachel Notley won the election last week on a platform that proposed raising taxes for corporations and the rich.
Business reaction to Notley’s election has been mixed.
Executives have indicated a willingness to hear the new premier out, but some have expressed concerns about business tax increases at a time when the Alberta economy is down.
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