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ARTICLE · 14 MARCH 2022

2022 Alberta Budget Summary

Crowe
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On February 24, 2022, Alberta Finance Minister, Travis Toews, announced the 2022 Alberta Budget.

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Brent Penner
Brent Penner
Stephen Zhang
Stephen Zhang
Christine Wakelin
Christine Wakelin
Quyen Do
Quyen Do
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On February 24, 2022, Alberta Finance Minister, Travis Toews, announced the 2022 Alberta Budget. As the province is poised to be a leader in economic growth, low business taxes are a part of Alberta's Recovery Plan, as well as low personal taxes to help Albertans keep more in their pockets. No changes were made to the existing personal and corporate tax rates.

Crowe MacKay's tax experts summarize Alberta's new tax measures below.

Tourism levy

On April 1, 2021, the Tourism Levy Act was amended to extend Alberta's tourism levy to short-term rentals listed on online marketplaces (ex. AirBnb). The amendments authorized online marketplaces to voluntarily collect and remit the levy on behalf of their Alberta hosts. Online marketplaces, however, have not taken on this responsibility. Therefore, new legislative amendments will be brought forward in 2022 requiring online marketplaces to collect and remit the tourism levy on behalf of their Alberta short-term rental

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