Opportunities and investments are in high supply in Fort McMurray Wood Buffalo. What starts here can change the world.
We’re motivated to help existing businesses grow and bring in new business to the region. Because of that, we have some of the best incentives available nationwide. We’re home to the lowest corporate tax rate in Canada at 8%. We have municipal incentives like a five-year tax exemption. And we also have over $200,000 available in incentives for businesses operating in our downtown.
Available incentives for Business
DOWNTOWN REVITALIZATION INCENTIVES PROGRAM
Creating a thriving downtown takes work. So we’re rolling up our sleeves. Our Downtown Revitalization Incentives Program assists commercial property and business owners, as well as non-profit agencies. This program helps them improve their locations while attracting new customers and tenants. All of that together makes our downtown a more desirable place to live, work and have fun.
DOWNTOWN TAX EXEMPTION PROGRAM
When Alberta changed the Municipal Government Act, we were one of the first cities to sign up. The Act allows for property tax exemptions on eligible developments. We’re sparking investment in downtown Fort McMurray. Thanks to the Downtown Tax Exemption Program, qualified properties can be tax exempt for up to five years. The Program applies to new commercial developments and additions to existing commercial properties. Now is a great time to start or start growing.
WE ARE NATURALLY ENRICHED, GLOBALLY COMPETITIVE.
Contact us about the unique opportunities available in Fort McMurray Wood Buffalo.