By The Canadian Press

Alberta NDP scraps plan for tax credits to woo employers to create jobs

Apr 11, 2016 | 11:39 AM

EDMONTON — Alberta’s NDP government has scrapped a plan to help create 27,000 jobs by rewarding businesses that hire new employees.

The incentive program once hailed by Premier Rachel Notley was to offer tax credits worth $89 million in the first year for businesses  creating jobs.

New hiring was to be encouraged by refunding 10 per cent of each new employee’s salary to a maximum salary of $50,000.

Economic Development Minister Deron Bilous says employers in the business community just didn’t like the idea.

He says the government will instead introduce a plan in Thursday’s budget that includes $10 million to support innovation and job creation in Calgary and Edmonton.

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