Canada Global (Web News) Alberta’s finance minister says legislation will be introduced next month to re-index both income tax brackets and benefit payments for seniors and people with severe disabilities.
But Travis Toews says action on the proposed new health spending accounts won’t come until the spring budget
Further legislation will be introduced in this fall’s session and will certainly support the commitments we have made to date on reindexing.
But Travis Toews said it would be a combination of additional tax relief and some targeted support for those who are really feeling it right now.
Three years ago the government abolished income tax rates and benefit payments
Premier Daniel Smith has said a broader inflation-fighting package is coming soon, promising help with petrol taxes and electricity bills.
The comments came after Smith released an outline of goals and priorities for his department.