The combined federal/provincial corporate income tax rate in the Edmonton Metropolitan Region is 23% (15% federal and 8% provincial) for general businesses and 11% (9% federal and 2% provincial) for small businesses with revenues below $500,000.

Alberta’s corporate tax rate of 8%, making the combined federal/provincial rate of 23%, is the lowest tax rate in Canada and is among the lowest corporate tax rates in North America.

This makes the Edmonton Metropolitan Region one of the most attractive regions in North America for employers to locate. It sends a clear message to international investors that Alberta is serious about being the most competitive jurisdiction to invest and do business in.

Available tax credits 

Federal

• Scientific Research and Experimental Development
• Accelerated capital cost allowance

Provincial

• Alberta Petrochemicals Incentive Program (APIP) – details to be released Fall 2020
• Film and Television Tax Credit (FTTC)
• Innovation Employment Grant – details to be announced