CALGARY — Alberta has launched a new series of stakeholder consultations with small business owners throughout the province with the aim of launching a small business strategy.
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CALGARY — Alberta has launched a new series of stakeholder consultations with small business owners throughout the province with the aim of launching a small business strategy.
Read more: http://tinyurl.com/o45plc9
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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St. Albert will need to separate itself from the rest of the pack if it wants to bring in more industrial investment, the city’s economic development director said.
On Monday night city council received a report on just how it can do that as Guy Boston laid out three possible ways St. Albert can make itself more appealing to non-residential developers.
Those three options, which will come back to council for a vote in June, include allowing payment of property taxes in increments, offering grants or rebates for upgrades or developments of an environmentally friendly nature and allowing business to pay cash in place of setting aside parcels of land for municipal reserve.
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The City of St. Albert hopes it will be able to sweeten the pot to attract new industrial and commercial development to town.
Members of the City’s economic development department were before city council on Monday afternoon to tell them about the investment incentives they plan to offer the development industry in the future to attract them to the city.
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