• Industry leader lauds Edmonton's proposed industrial investment plan

  Source: Alberta - Edmonton Journal (Legislature & Capital)
  Date: 2026-10-21 20:53:29.0
  Tags: [Alberta, Municipal, Economy, Taxation, Industry, Infrastructure]

  The City of Edmonton is considering a new industrial investment plan during its upcoming four-year budget deliberations to stimulate non-residential tax growth and job creation. Proposed incentives include a 25 per cent property tax forgiveness for three years for new industrial builds—costing the city roughly $1 million annually while opening up 15 hectares of land per year—and a $23 million four-year 'first mover' plan allowing developers to apply for municipal infrastructure cost reimbursements. Panattoni Development vice-president Mark Edwards lauded the initiatives, noting they will help overcome investment freezes and competition from surrounding municipalities with lower service costs. Currently, only 2.6 per cent of Edmonton's industrial land is shovel-ready, falling short of the city's 4.5 per cent target.

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• Provinces call on Ottawa to expand mining credit

  Source: Global News Politics
  Date: 2026-10-10 12:17:12.0
  Tags: [National, British Columbia, Alberta, Saskatchewan, Manitoba, Nova Scotia, Taxation, Economy, Resources, Mining, Finance]

  Nearly half of Canada's provinces and territories—specifically Nova Scotia, Manitoba, Saskatchewan, Alberta, British Columbia, and Yukon—are urging the federal Liberal government to fulfill its 2025 election promise to expand the mineral exploration tax credit to include engineering and feasibility study costs. The Association for Mineral Exploration and the Nunavut and N.W.T. Chamber of Mines argue this measure is crucial to help junior mining companies navigate the late-stage 'valley of death' financing gap. An Ernst & Young report commissioned by the association indicates that covering feasibility and economic viability studies could generate between 14,000 and 34,000 jobs and add $5.2 billion to $12.2 billion in GDP over 10 years. While Finance Minister François-Philippe Champagne's office highlighted recent federal initiatives such as the Productivity Mega Deduction and the Critical Mineral Exploration Tax Credit, federal expenses under the Canadian exploration expenses framework still exclude economic assessments and feasibility studies.

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• Alberta drivers get relief at the pump, while producers squeezed by lower prices

  Source: Alberta - Edmonton Journal (Legislature & Capital)
  Date: 2026-09-23 12:05:22.0
  Tags: [Alberta, Taxation, Energy, Economy]

  Premier Danielle Smith announced that Alberta will suspend its 13-cent-a-litre provincial fuel tax from October 1 through the end of 2026, driven by North American oil prices averaging nearly US$91 a barrel. Meanwhile, Alberta oil producers are facing a US$21 per barrel discount relative to North American benchmarks due to a power outage and subsequent shutdown at ExxonMobil Holdings Corp.'s 275,000-barrel-per-day refinery in Joliet, Illinois. Market experts such as Richard Masson of the Alberta Petroleum Marketing Commission and Plainview Energy Analytics founder Matthew Lewis note that production growth, full pipelines, and refinery outages in the U.S. Midwest are heavily impacting regional heavy crude pricing differentials.

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• 'Momentous decision': Alberta separation could cost up to $170 billion, says U of C report

  Source: Alberta - Edmonton Journal (Legislature & Capital)
  Date: 2026-09-16 17:30:44.0
  Tags: [Alberta, Economy, Finance, Governance, Taxation, Trade]

  A government-commissioned report from the University of Calgary School of Public Policy estimates that establishing an independent Alberta would cost between $50 billion and $170 billion in the first five years following separation. Under a 'smooth' secession scenario, the report projects Alberta would add nearly $210 billion in debt—largely from its share of Canada's national debt—along with short-term GDP contraction and initial per-capita tax increases of over $800. Under a 'difficult' scenario involving adversarial negotiations, Alberta's total debt could approach $442 billion (making up nearly 90 per cent of its GDP) with per-capita wage losses reaching $5,500 and short-term tax increases of $5,400 over the first five years. The findings precede an October 19 vote regarding whether the province should further pursue separation, as overseen by Finance Minister Jason Nixon's office and a five-member advisory panel.

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