Tax Break
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Alberta to pilot oil and gas royalty breaks for legally required well cleanupThe idea has been widely panned by economists, environmentalists, rural municipalities and analysts within Alberta Energy.CanadaFeb 8, 2023
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Winnipeg looks at multi-million dollar tax break for redevelopment of Hudson’s Bay buildingA report to the city's executive policy committee recommends tax incentives worth $387,000 a year for 25 years for Winnipeg's historic Bay building which is to be redeveloped.EconomyJun 10, 2022
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B.C. properties valued up to $1.975M now eligible for homeowner grantHomeowners in British Columbia whose property is valued at just under $2 million will still be eligible for the annual homeowner grant.EconomyJan 5, 2022
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Edmonton considering large tax break for major developersIn an effort to boost the 2021 construction season, Edmonton's city council will review a proposal that would provide tax relief to developers of residential towers downtown.EconomyJan 18, 2021
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Calgary looking to defer property taxes for northeast homes hit by hailstormCouncillor George Chahal’s hail relief notice of motion would see residents apply to have their 2020 property taxes deferred to Dec. 31, 2021 without penalty.CanadaNov 4, 2020
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City councillor proposes 10% tax break for Winnipeg restaurantsCharleswood-Tuxedo Coun. Kevin Klein revealed the motion at city hall on Monday morning, joined by three local restaurant owners.EconomyOct 5, 2020
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RM of Edenwold council approves 15% reduction in 2020 mill rate amid COVID-19 pandemicThe Rural Municipality of Edenwold council approved a 15 per cent reduction in the 2020 mill rate for residents, industrial and commercial businesses and agricultural properties.CanadaMay 4, 2020
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Midtown Plaza requests tax break ahead of $80M renovationMidtown Plaza is asking for the city to wave $565,000 in taxes yearly over a five-year period as it plans an $80 million renovation.EconomyJun 13, 2018
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LNG Canada committing to start construction on B.C. project this yearThe head of LNG Canada said his company will start construction on a LNG facility on B.C.'s coast this year. The $40-billion project would be the largest single infrastructure investment in British Columbia's history.EconomyMay 15, 2018
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B.C. company Clean Seed moving operations to Saskatchewan due to tax breakBrad Wall said Clean Seed plans to move a big part of its operations to Saskatchewan over the next three years, including 20 jobs.MoneyJan 23, 2018
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