Tag: alberta cost of living
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Alberta Tax Savings to Start in July 2025 Under New Income Bracket Shift
Starting next month, around two million Albertans will begin to see the effects of a new personal income tax system that the Alberta government says will help families better manage rising living costs. The new tax structure includes the introduction of an 8% tax bracket on the first $60,000 of income, which will not only…
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Alberta Is Now the Only Province That Hasn’t Raised Its Minimum Wage This Decade
Alberta hasn’t increased its minimum wage since 2018, making it the only province in Canada that hasn’t made at least one adjustment in the 2020s. In fact, if you’re under 18, wages actually went down. The province introduced a youth minimum wage of $13/hour in 2019 for students working 28 hours a week or less.…
Canada Housing Market 