The Tories tabled Budget 2015 just a few weeks ago and PC leader Jim Prentice is now backtracking on one of the key, cost saving elements in his proposal.
Last month, the Tories said they would slash the tax credit Albertans get for donating to charity and the result would be a savings of about $90M a year.
The government had originally said Albertans could only claim a 12.75 percent credit on donations over $200, which was down from 21 percent.
Prentice says he's had a change of heart after hearing from voters.
“Hearing from Albertans during this campaign, it’s become clear that this choice was more than simply unpopular,” Prentice said in a news release. “Rather, Albertans have told me it was seen as contrary to our values as Albertans.”
Prentice says they will leave the rate the same and that the reversal wouldn’t impact the timeline for balancing the budget.
“Our plan has fiscal discipline at its core,” he said. “This is a small change, but an important one and one we must take to respect what Albertans have told us. We will continue to move forward with a realistic plan, taking immediate action on challenges we face, while breaking the boom and bust cycle and saving for future generations.”
