By The Canadian Press

Business Taxes

Calgary businesses get tax break following rally on Monday

Jun 11, 2019 | 10:57 AM

CALGARY – Complaining loudly about crushing tax hikes appears to have paid off for owners of small businesses in Calgary after moves by city hall that will see a 10-per-cent cut in non-residential property taxes this year.

Council voted unanimously during an emergency meeting Monday to slash $60 million from its budget and pull nearly $71 million from its reserves for tax rebates.

The vote followed a rally outside city hall Monday morning during which hundreds of disgruntled business owners said they are facing massive tax hikes that could force a number of them to close their doors.

Some even called for Mayor Naheed Nenshi to resign over the increases.

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City managers told councillors the budget cuts can be found but warned they will affect front-line services in every department, from planning to policing.

Taxes are due July 1 and Councillor Evan Woolley says the city will move quickly to get rebates out to businesses.