City backs away from industry incentives

St. Albert’s high profile and surging popularity in the investment community means the city no longer has any reason to offer any kind of discount or incentive to attract industry, councillors heard Monday.

Sitting as the standing committee on finance, all six councillors and the mayor voted down the idea of offering any special incentive to industry. Guy Boston, the city’s executive director of economic development, reported a few months ago that incentives were needed but now he says they aren’t.

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