Home News Industry News Kamloops puts a cap on heavy industry taxes

Kamloops puts a cap on heavy industry taxes

The City of Kamloops is doing more to relieve the tax burden on heavy industry, but not all on council are happy about it.

While the new efforts will not have a significant impact on residential taxes this year, they may encourage companies like Domtar to invest more in local mills, according to supporters of the policy. A group of measures passed at a council budget meeting this morning, March 13, is in an effort to lower the City's heavy industry

tax burden gradually.

Read more...

Source: InfoTel

 
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