Article content

CALGARY — Alberta Premier Jason Kenney and his newly appointed Finance Minister Travis Toews will move to “renew the Alberta Advantage” on Monday, implying the province is about to slash taxes even as it awaits the outcome of a panel convened to study the province’s finances.

Kenney and Toews are scheduled to make an announcement in Edmonton about “making it easier to do business in Alberta” on Monday morning, alongside Lafarge Canada CEO of Western Canada Brad Kohl, in what is widely expected to be the implementation of a tax cut.

We apologize, but this video has failed to load.

tap here to see other videos from our team. Try refreshing your browser, or Tax cuts expected as Alberta's UCP government moves to "renew the Alberta Advantage" Back to video

The new UCP government would not discuss what is planned but referred the National Post to the United Conservative Party’s election campaign, which included a promise to cut provincial corporate taxes from 12 per cent to eight per cent over the course of four years.

Kenney and the UCP also criticized tax hikes by the previous NDP government and talked publicly about restoring the “Alberta Advantage” championed by former premier Ralph Klein. The Alberta Advantage included a flat 10-per-cent personal income tax rate on everyone in the province, but the UCP stopped short of promising to reduce personal income taxes for Albertans earning over $128,000 per year back down to 10 per cent.