Examples of such early Halloween-government-to-investor policies: Adding a (non-neutral) $3-billion carbon tax as if Alberta hadn’t already possessed a tax before the NDP came to power; attempts to scuttle legal contracts with power companies; corporate welfare for government favourites; hikes in personal and general business taxes with only a token reduction in the small business rate.
Strangely, the province thinks it can “make up” for the plunge in private-sector investment by taxing, borrowing, spending, regulating and intervening more. But all of that drives costs higher, just as less investment is flowing into Alberta, and is opposite of the policies needed
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