New regime supposed to be revenue neutral
Calgary Chamber of Commerce supports business tax consolidation.
The Calgary Chamber of Commerce is applauding City Hall’s initial steps to consolidate the business tax and non-residential property tax, believing it will result in lower rates for a majority of businesses.
Approximately 65 per cent of businesses will see a net tax decrease under this consolidation, according to the Chamber.
“Businesses now only have to worry about one cost instead of two, saving both time and money,” says Ben Brunnen, director of policy and government affairs and chief economist with the Calgary Chamber of Commerce. “Consolidation will also strengthen Calgary’s ability to compare our tax environment with other jurisdictions to ensure we are competitive.”
Consolidation is expected to save $1.3 million in city administrative costs and result in additional grant revenues of $3.2 million that will be returned to non-residential taxpayers. The proposal is revenue neutral, so there will be no impact on residential taxes.
Ottawa could improve the Canadian labour market with just a few simple changes to the Employment Insurance program, according to the Calgary Chamber of Commerce.
The Chamber is urging the federal ...
By Christopher Walsh, editor
The City of Calgary released a report Monday outlining reasons to eliminate the business tax levy on local businesses, which will come to a vote Wednesday.
Alderman Gord ...
Members of the Board of Directors of the American Chamber of Commerce in Canada (Western Chapter) present a cheque for $10,000 to Joey Bleviss, chief administrative officer of the Calgary ...
Municipal finance and spending ranks third
Despite a hot provincial economy, Calgary business owners have more than a few things keeping them up at night, according to an annual survey by ...
The Calgary Chamber of Commerce has released its economic outlook for the next few years and everything's coming up roses - as long the global economy stabilizes, which is a ...
Expanded online services available
Just under half a million property and business 2012 assessment notices have been mailed out by The City of Calgary. With that, begins the Customer Review Period, ...
The Spiritus Chamber Choir has announced their lineup for the 2011-2012 season, a wide array of musical styles from Renaissance motets to full-fledged choral-orchestral masterworks, led by Artistic Director Timothy ...
Alberta is marking the Year of the Entrepreneur by launching a three-year pilot project that will build eight resource centres for small businesses in rural communities across the province, the ...
Scrap maternity leave provisions of Employment Insurance, says
City of Calgary looking to eliminate business tax
$10,000 donated to Veterans Food Bank by American
Uncertain global economy biggest concern of Calgary business,
Calgary Chamber forecasts continued strong economic growth for
2012 City of Calgary Assessment Notices in the
The Spiritus Chamber Choir announces its 2011/12 season
First centre for helping rural small businesses to
Category: Business, Calgary