Alberta Liberal Party Leader David Khan issues release on small business job creation numbers:
Khan stated, “More than 400,000 Albertans now work for themselves. That’s an increase of more than 43,000 self-employed jobs since early 2017, according to Stats Canada. Albertans did it on their own. This is a testament to the true Alberta entrepreneurial spirit in a province devastated by economic recession. It is happening despite failed NDP job creation policies.
“Two of the NDP Government’s job creation programs were complete flops. The Job Creation Tax Credit failed to get off the ground and the Apprentice Training Award Program crashed and burned, with the NDP Government admitting private industry did not participate in any meaningful way.
“The NDP continues to claim credit for job creation. That is simply not true. The oil & gas sector, especially head offices in Calgary, are not re-hiring all of the tens of thousands of Albertans who were laid off in the recession.
“Alberta Liberals would introduce a “New Small Business Start-Up Tax Exemption” to encourage Alberta small businesses to set up and survive their early years. This deduction would exempt any new small businesses from paying corporate income tax for the first three taxation years after incorporation. Once established, they’ll be subject to standard corporate tax rates.
“Albertans want to work. Alberta Liberals want to work with them. We support Alberta small businesses. The NDP government should not be taking all the credit for jobs created by Albertans, for Albertans.”