For the current fiscal year, we did see that some of the slowdown in economic growth in Alberta did feed a lower forecast for personal income taxes in the near term. As for this most recent fiscal year, in 2015-16, personal income tax revenues were relatively strong, partly owing to persons moving forward, and recognizing higher-income individuals due to the new 33% tax bracket. On balance, what we're seeing is that personal income taxes over the first few years of our projection are slightly weaker than we had anticipated in our last forecast, but that should rebound over our five-year, medium-term horizon.
On October 24th, 2016. See this statement in context.