NAIOP Edmonton
Edmonton's share of the region's non-residential assessment dropped from 72% in 2008 to 60% in 2022.
And that’s putting pressure on the remaining tax-payers.
Residential taxes are up, and industrial taxes are now more than 2.5x higher in Edmonton than in the region.
We're only winning 1/3 of new industrial businesses inside the city limits, and that could cause major problems for the future of our city’s finances.
That's why NAIOP pushed for, and collaborated with the city on, the creation of a new Industrial Action Plan.
Learn more at
https://lnkd.in/grRUFXtj