Politicians By
Jaclyn Kucey
International News2: 14
City of Edmonton wants to increase business enterprise within city boundaries
Enjoy ABOVE: The City of Edmonton wants to expand business activity within its city limits, and the city council recently approved funding to do that. However, as Jaclyn Kucey points out, Edmonton’s small real estate taxes are putting a strain on nearby neighborhoods.
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The Edmonton City Council is attempting to expand its business organization sector, but retention and attraction are becoming more challenging as property taxes rise. In the last 15 years, Edmonton’s local business tax bottom has dropped from 72 per share to 60 per cent. Complex processes for businesses to begin, and a lack of ready-to-develop area are some of the ongoing issues, according to future business developers. According to Mayor Amarjeet Sohi, this is why, during the most recent resources discussions, the city council voted in favor of investing to simplify the approval procedure. Trending Then
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” Having more industrial growth within city boundaries is essential for job creation ( and ) economic growth”, he said. Watch the video above for more information on this account.
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