Alberta’s NDP announced it’s first step to creating new jobs in the province Thursday.
While making a campaign stop in Lethbridge, leader Rachel Notley announced an NDP government would help create 27,000 jobs by rewarding businesses that hire new employees in Alberta.
It’s Notley’s idea to try to curb the tide of mounting job losses that appear to have gripped the province.
They would reward companies that hire in Alberta with a targeted Job Creation Tax Credit.
According to their release, the plan would encourage new hiring by refunding 10 per cent of each new employee’s salary to a maximum of $50,000.
“We know that this is important, we know that Albertans are worried about their jobs, they’re worried about their family security, they’re worried about being able to pay their bills and so this is our attempt to come back with a targetted plan to create jobs in the face of what is otherwise economic insecurity,” she said.
“I was quite surprised to notice in the PC budget plan there was really no job creation initiative imbedded with that plan,” Notley said. “They tried to argue that keeping corporate taxes super low but we’re losing jobs right now, we lost 14,000 jobs in February and that was with their reckless corporate tax cut.”
The fully-costed plan is expected to cost $89 million this year and support 100 new hires at participating businesses.