Alberta's New Budget: Taxes on Tourists, Tech, and Tobacco
Edmonton News Today | 2 Min News | The Daily News Now! · The Daily News Now!
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Show Notes
Albertas new budget introduces fresh taxes to capitalize on tourism and tech boom. A 6% levy on short-term rentals of passenger vehicles starts in 2027, potentially yielding $36M. Hotel tourism levy rises to 6% in 2026, adding $66M. Data centres face a 2% levy from 2028, expected to bring in over $100M. Tobacco and vaping taxes decrease as smoking declines, while cannabis revenue remains steady. Online gambling revenue surges with the new Alberta iGaming Corporation, projected to reach over $100M.
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