February 09, 2012 14:28 ET

Deloitte Tax Advisors Available for Pre-Budget Commentary and Post-Budget Reaction

Understanding what Premier Redford's inaugural budget means for Alberta

CALGARY, ALBERTA--(Marketwire - Feb. 9, 2012) - Premier Alison Redford's first budget, dropping today, may strike a number of familiar notes for most Albertans, but the introduction of the Results-Based Budgeting Act on Tuesday is new.

Senior leaders from Deloitte's tax practice are available for pre-budget commentary and post-budget reaction to discuss what the 2012 Alberta budget means for Alberta businesses and individuals, as the Redford government lays out its budget leading into a provincial election. They are also available to discuss the proposed results-based budgeting changes.

"Building the budget from the ground up each year based upon the changing priorities of Albertans and measuring service delivery outcomes establishes a degree of discipline that is essential given Alberta's heavy reliance on volatile energy revenue," observes Jim MacGowan, Partner, Deloitte Calgary.

Brian Pyra, Partner, Tax Lead in Calgary and Jim MacGowan, Managing Partner of the Calgary Private Company practice of Deloitte, can provide insight on what the 2012 Alberta budget means for Alberta businesses and individuals, including why results-based budgeting simply makes sense in these uncertain times.

Deloitte's tax specialists can discuss the future of tax as it attracts and retains talent, drives innovation and strengthens the competitiveness of Canadian companies.

Pyra and MacGowan will be available in Calgary on budget day (February 9, 2012) to provide commentary following the media lock-up (starting at approximately 4:30 p.m.) via phone; contact details below.

To book an interview with Deloitte after the media lock-up (via phone or in-studio), please contact Kyra Grue or Kathleen Halpen.

About Deloitte Specialists

Brian Pyra is a Partner and leads Deloitte's Calgary Tax Practice. In this capacity, he consults on inbound and outbound investments and works with international companies to develop tax effective cross border financing strategies and tax efficient repatriation plans.

He has 32 years of professional experience and an extensive background in merger and acquisition transactions including pre and post transaction reorganizations and due diligence reviews.

In addition, Pyra is a member, and past chairman, of the Canadian Association of Petroleum Producers Tax Committee, and a member of Canadian Tax Executive and Global Oil & Gas Tax Executive.

Jim MacGowan is the Managing Partner of the Calgary Private Company practice of Deloitte. In this capacity, he manages the audit, tax, consulting and mergers and acquisitions practice serving private companies and their shareholders.

He has practiced in the tax field for the past 24 years with a particular emphasis on providing income tax advice for private companies and their shareholders. He specializes in dealing with high net-worth clients and has implemented succession plans for many of the largest companies on the east coast.

In addition to his responsibilities in Calgary, MacGowan is also the national leader of the Private Company Tax practice for Deloitte which is the largest of its kind in the country. In this capacity, he oversees provision of domestic tax services by 56 partners and 300 staff across all geographies in Canada.

About Deloitte

Deloitte, one of Canada's leading professional services firms, provides audit, tax, consulting, and financial advisory services through more than 8,000 people in 56 offices. Deloitte operates in Québec as Samson Bélair/Deloitte & Touche s.e.n.c.r.l. Deloitte & Touche LLP, an Ontario Limited Liability Partnership, is the Canadian member firm of Deloitte Touche Tohmatsu Limited.

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