The property tax gap has remained relatively consistent in Fort Saskatchewan in recent years, according to a new report.
Last month, the Canadian Federation of Independent Business (CFIB) released its annual Property Tax Gap Report, which analyzes the tax treatment of residential and commercial properties by municipal governments across Alberta. The CFIB defines the property tax gap as the differential between commercial and residential property tax mill rates.
"This report that we do isn't looking at the total tax burden, but it does look at the share, so what businesses are paying versus residents," said Richard Truscott, vice-president for B.C. and Alberta with the CFIB. "Is that balance there? Is it fair? Is it sensitive to the needs of local small businesses? Those are really important questions for municipal governments to be asking."
Out of the top 20 largest municipalities in the province, Fort Sask ranks as the tenth best for property tax fairness, with a tax gap of 1.79. All told, that represents a change of 0.3 per cent from 2017 to 2018.
"In other words, businesses pay a little bit less than two times what residents do based on the same assessed value of property," Truscott explained.
In comparison, Strathcona County ranks as the eighth worst municipality, with a tax gap of 2.08  up 3.7 per cent from 2017. Edmonton's gap is second worst at 2.82.
"If you look at (Fort Saskatchewan's) tax multiple versus Edmonton's, there's a big difference," Truscott added. "So, there could be some tax savings for small businesses to think about relocating outside the Edmonton city limits."
From 2009 to 2019, the gap has decreased 24.9 per cent in Fort Sask.

More Local News

Poor visibility in the heartland

Use extra caution on your drive to work.

École Campbelltown celebrate French heritage

As part of their month-long celebration “Mois de la francophonie albertaine” the students and staff of École Campbelltown held a special flag-raising ceremony for International Francophonie Day.

Update: region experiencing elevated pollution levels

Higher pollution levels are affecting the air quality.

Freedom Conservatives choose Malcolm Stinson for Fort Saskatchewan-Vegreville

Malcolm Stinson was recently selected as the Freedom Conservative Party of Alberta candidate in Fort Saskatchewan-Vegreville.

Two pedestrians hit in crosswalks

Keep an eye out for pedestrians.

Chamber hosting All Candidate Forum for provincial election

Residents will soon have the chance to hear from their candidates.

Operation Red Nose provides $5,600 in community grants

Several youth-based community groups recently received some funding.

Fort Sask Wellness Hub for Youth gaining support from local partners

A new project in the Fort is getting support from many different realms.

Public pool usage down in Redwater

Last summer wasn't the strongest for the Redwater Pool.

Warm weather increasing danger of thin ice

With spring on the way, ice safety is becoming more important. is Westman's only source for community news and information such as weather and classifieds.

Search the Biz Guide