A new bill is looking to offer up tax credits to give a boost to Alberta’s tourism industry.
Bill 30 would establish the Alberta Capital Investment Tax Credit, and one of it’s main targets is encouraging investment, innovation and growth in tourist operations and businesses.
Culture Minister, Ricardo Miranda, told the Alberta Morning News, there has been demand for this kind of tax credit.
“It’s, very much, a resilient part of our economy, and we see a potential for growth everywhere, basically,” said Miranda. “People are still coming to our province, Albertans are still traveling and seeing different parts of the province.”
Miranda said similar tax credits exist in other jurisdictions, and the tourism sector has benefited in those areas. (scb)