Canadian Tax and
Financial Information
Alberta 2016 Budget

Ads keep this website free for you. does not research or endorse any product or service appearing in ads on this site.  Before making a major financial decision you  should consult a qualified professional.

Looking for US tax information?

Need an accounting, tax or financial advisor? Look in our Directory.  Use above search box to easily find your topic!   Stay Connected with!

What's New
Personal Tax
Sales Taxes
Free in 30!
Financial Planning
Real Estate
Stocks Bonds etc.
British Columbia
Atlantic Provinces
Federal Budget
Provincial Budgets
Statistics etc.
Site Map
Advertise With Us
Contact Us/About Us
Links & Resources

Alberta -> Alberta Budgets -> Alberta 2016 Budget

Alberta 2016 Budget - April 14, 2016

 - on Alberta website

Tax Changes in the 2016 Budget:

    - Introduction of two tax credits for individuals and corporations that invest in Alberta, further details will be available later this year:

            - Alberta Investor Tax Credit will benefit investors who invest in eligible small and medium-sized enterprises in Alberta.
            - Capital Investment Tax Credit will benefit corporations that make investments in eligible capital assets.

    - Small business corporate income tax rate will be reduced from 3% to 2% effective January 1, 2017.

    - Dividend tax credit rate for non-eligible dividends (paid out of income taxed at small business rate) will be reduced effective January 1, 2017 to reflect corporate tax rate reduction.

    - Enhanced dividend tax credit rate for eligible dividends will remain at 10% of the taxable grossed-up dividend.

    - New carbon levy will be introduced effective January 1, 2017, and will apply to purchases of all fossil fuels that produce greenhouse gas (GHG) emissions when combusted.  This will include fuels used for transportation purposes and fuels used for heating, such as natural gas and propane.  The levy will not apply directly to consumer purchases of electricity.

    - Climate Leadership Adjustment Rebate (non-taxable) will be introduced in January 2017 to offset the costs of the carbon levy to low and middle income Albertans.  Payments will be made quarterly for those eligible for an annual amount of $400 or more, twice yearly for those eligible for at least $200 but less than $400, and annually for those eligible for more than $100 and less than $200.  No rebates under $100 will be made.  See more detailed information on Alberta's Climate Carbon Pricing page.

Revised: April 05, 2019

Copyright © 2002 Boat Harbour Investments Ltd. All Rights Reserved.  See Reproduction of information from

Facebook  | Twitter  |  Google + |  Monthly Newsletter Sign-up  What’s New E-mail Notification RSS News Feed
The information on this site is not intended to be a substitute for professional advice.  Each person's situation differs, and a professional advisor can assist you in using the information on this web site to your best advantage. 
Please see our legal disclaimer regarding the use of information on our site, and our Privacy Policy regarding information that may be collected from visitors to our site.