Alberta’s tax advantage

Overview

Alberta’s tax advantage is an estimate of the total additional provincial taxes individuals and businesses would pay if Alberta had the same tax system as other provinces.

In Budget 2023, Alberta's 2023-24 tax advantage was measured at $19.7 billion. This does not include the additional $520 million in savings from the extension of the fuel tax pause to the end of 2023.

For more information, see the Government of Alberta 2023-26 Fiscal Plan (Tax Plan chapter) (PDF, 5.6 MB).

Alberta tax advantage chart (Budget 2023)

Albertans and Alberta businesses continue to pay the lowest overall taxes when compared to other provinces.

Alberta's tax advantage, 2023-24 (billions of dollars)

Source: Alberta Treasury Board and Finance

This graph shows the total additional provincial tax and carbon charges that individuals and businesses would pay if Alberta had the same tax system and carbon charges as other provinces. This information reflects tax rates for other provinces as of February 3, 2023.

This comparison includes:

• personal and corporate income tax
• sales tax
• fuel tax
• carbon charges (excluding the federal carbon pricing backstop)
• tobacco tax
• health premiums
• payroll tax
• liquor tax and markups
• land transfer tax
• other minor taxes

For more information, see the Government of Alberta 2023-26 Fiscal Plan (Tax Plan chapter) (PDF, 5.6 MB).

Interprovincial tax comparison

From the Government of Alberta 2023-26 Fiscal Plan (Tax Plan chapter) (PDF, 5.6 MB):

• Interprovincial Tax Comparison (page 134)
• Alberta Non-Refundable Tax Credits (page 132)
• Major Provincial Tax Rates (page 135)