Alberta small business owners worried about new carbon tax

The majority of businesses believe the NDP carbon tax will negatively affect them

Western Investor
December 20, 2016

thinkstock small business

Alberta small business owners say the NDP government’s carbon tax, expected to roll out next month, will negatively affect their businesses.

A survey conducted by the Canadian Federation of Independent Business (CFIB) indicates a majority of small business owners in Alberta are against the carbon tax. Of the 865 small-business owners who participated in the CFIB’s summer survey, 86 per cent said the carbon tax could increase operating costs and 85 per cent said it could reduce profitability. Sixty-six per cent said it could increase pressure to cut salaries and 59 per cent said it could delay business investments.

“There couldn’t be a worse time than right now to introduce this carbon tax,” said Amber Ruddy, Alberta director with CFIB. “We’re urging the government to make carbon pricing completely revenue- neutral. That means returning all of the funds back through tax reductions and rebates.”

Starting January 1, a carbon tax will be applied to fuels at a rate of $20 per tonne in. Provincial officials say it will cost the average Albertan $191 in 2017.

“It’s going to definitely put a lot of these oil companies out of work,” said Darrell Reuer, branch manager at Rebel Transport Ltd. in Airdrie.

Copyright © Western Investor

Email to a Friend

Most Popular
Get the Newsletter