Alberta Premier Rachel Notley signals small business tax cut coming in April 14 budget

By Staff The Canadian Press

Posted March 15, 2016 5:51 pm EST

Updated March 15, 2016 8:13 pm EST

1 min read

This article is more than 8 years old and some information may not be up to date.

WATCH ABOVE: Alberta’s Wildrose Party laid out its strategy Tuesday for jobs in Alberta, while the NDP government says Albertans will have to wait until the budget for their details. Small business owners say they already know what’s needed to hire new staff. Gary Bobrovitz reports – Mar 15, 2016

Alberta Premier Rachel Notley is signalling that a tax break for small business owners may be coming in the budget.

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When asked Tuesday by reporters about the possibility of a tax cut, Notley responded that Albertans should look to the 2016-17 budget.

The budget comes out April 14.

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A small business tax deduction was one of the 12 planks put forward by the Wildrose party earlier in the day in its new jobs plan.

At three per cent, the tax is the highest among the four western provinces.

The Wildrose says a one percentage point cut equalled $150 million in revenue in good times, but says the cut would help an economy that has seen more than 80,000 jobs lost due to low oil prices.