County of Wetaskiwin Introduces Non-Residential Tax Incentive

On May 8, 2023, County of Wetaskiwin Council passed a Non-Residential Tax Incentive Bylaw to encourage the development of non-residential properties in the County of Wetaskiwin. The tax incentive will be calculated for three (3) years under a 50/30/10 rule. In the first year, the municipal tax payable will be reduced by 50%; in the second year, the municipal tax payable will be reduced by 30%; and in the third and final year the municipal tax payable will be reduced by 10%.

JEDI commends its municipal partner, the County of Wetaskiwin, for its approval of the Tax Incentive Bylaw which provides a competitive advantage for attracting new investment into our community, as well as benefiting existing companies that are eligible for expansion under the parameters of the bylaw. Incentives used to encourage investment and attraction are key instruments in stimulating economic development. With this new Tax Incentive Bylaw and other existing incentives such as competitive land prices, low taxes, affordable housing and a supportive business environment, the County of Wetaskiwin is well positioned for economic growth.

For more information and to apply please view the Non-Residential Tax Incentives Bylaw on the County’s website.