Job Creation Tax Cut

The Job Creation Tax Cut (Alberta Corporate Tax Amendment) Act (Bill 3) reduced the corporate tax rate to 8% to attract investment and create thousands of new jobs.


The Job Creation Tax Cut (Alberta Corporate Tax Amendment) Act (formerly Bill 3) reduced the tax burden on job creators.

The corporate tax rate was lowered from 12% to 8% as part of Alberta's Recovery Plan.

Alberta is now the most tax-competitive business jurisdiction and among the most attractive investment destinations in North America.

Comparing jurisdictions

Alberta now has the lowest corporate tax rate in Canada:

  • 12% in British Columbia
  • 12% in Saskatchewan
  • 12% in Manitoba
  • 11.6% in Quebec
  • 11.5% in Ontario
  • 8% in Alberta

Alberta’s combined federal-provincial business tax rate is now lower than that of 44 U.S. states.

Learn more about Alberta’s corporate income tax.