Alberta’s budget documents show that our tax system is grossly inferior to that of every other province in the country at raising revenue.
While most will agree the 1988 Calgary Winter Olympic Games was an overall success and good for the City, Alberta and Canada, the bidding cost alone for the 2026 Games will be at least $30 million and the expenses for hosting the Games if Calgary is chosen, could top $8 billion, including interest, considering all three levels of Government are running deficits – hosting the 1988 Games cost less than $1 billion and turned a profit.
Hutterites are taxed under section 143 of the Income Tax Act. Colonies are taxed as if they were a trust so the collective income of the community gets allocated to colony members who are 18 years of age and older Section 143 does not allow Hutterite colonies to allocate income to community members under the age of 18 while other farmers are allowed to do so.